INSTITUTIONAL TRANSFORMATIONS IN THE INFORMATIONAL SPHERE OF CAPITAL MARKET AND THE EFFECTIVENESS OF REMUNERATING MANAGERS IN STOCK EXCHANGE COMPANIES
DOI:
https://doi.org/10.12775/EiP.2006.027Abstract
The subject of this paper is the changes of institutions relating to the managerial compensation in corporation. The author tries to prove in particular the effect of institutional changes on the efficiency of managerial compensations which is measured by the value of the corporation’s shares and the shareholders gains.
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