Title
Executive Compensation in Hungary: Do Managers Have a Role in Controlling Their Own Salaries?,Used
Delivery time: 8-12 business days (International)
Four years after the 20072008 financial meltdown, the general public remains outraged at the compensation received by top level executives. Complacency in placing compensation arrangements that do not serve the shareholders interest have been heavily scrutinized, at least in the eye of the general public. This book aim to shed light on the nature of executive compensation in Hungary between 1994 and 2008. I divide the managers into two ranks, and through observing their various characteristics, I set forth to observe whether executive compensation can be explained accordingly, or whether there exist hints of managerial entrenchment. After using Ordinary Least Squares and Fixed Effects Estimation methods and conducting different robustness checks, I find that the forms of compensation used in this paper are not affected by common measures of firm size and performance, but only by gender status, human capital measures, and ownership type, which indicates that firm performance and firm size have no effect on executive compensation. This raises questions about the role of managers in controlling their own salaries through private benefits of control and managerial entrenchment.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.