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Does Say on Pay Matter? Evidence from Germany
(2017-09-13)
We analyze a hand-collected dataset of 1682 executive compensation packages at 34 firms included in the main German stock market index (DAX) for the years 2009-2017 in order to investigate the impact of the 2009 say on pay ...
Financial Constraints, Newly Founded Firms and the Financial Crisis
(2017-12-14)
This paper aims to analyze the effects of financial constraints and the financial crisis on the financing and investment policies of newly founded firms. Thereby, the analysis adds important new insights on a crucial segment ...