25.01.2019 - Studies

The Key to Skin in the Game

by Philipp Immenkötter


The executive compensation system is the central instrument for aligning the interests of managers and stakeholders. An ideal compensation system requires four features: stock ownership guidelines, a deferral of short-term compensation, long holding periods for share-based compensation and clawback provisions.

Please note: This study is available in German only.

Download study as PDF (Reading time 10 min)