| 摘要 | 第1-6页 |
| Abstract | 第6-7页 |
| Ⅰ. Table of Contents | 第7-9页 |
| Ⅱ. List of Figures | 第9-11页 |
| Ⅲ. List of Tables | 第11-12页 |
| Ⅳ. List of Abbreviations | 第12-15页 |
| 1 Introduction | 第15-23页 |
| ·Problem Definition | 第15-18页 |
| ·Research Objective and Significance | 第18-21页 |
| ·Thesis Structure and Outline | 第21-23页 |
| Part 1: THEORETICAL FRAMEWORK AND LITERATURE REVIEW | 第23-43页 |
| 2 Agency Theory | 第24-35页 |
| ·Principal-Agent Problems | 第25-30页 |
| ·Hidden Characteristics and Adverse Selection | 第27-28页 |
| ·Hidden Actions and Moral Hazard | 第28-30页 |
| ·Incentive Contracts | 第30-33页 |
| ·Stewardship Theory | 第33-34页 |
| ·Agency Problems in the Corporate Context | 第34-35页 |
| 3 The Theory of Executive Stock Compensation | 第35-43页 |
| ·Focus on Company Profitability | 第36-37页 |
| ·Budgetary and Labor Market Discipline | 第37-38页 |
| ·Executive Stock Compensation | 第38-41页 |
| ·Development of Concepts and Forms | 第38-39页 |
| ·Stock Options | 第39-40页 |
| ·Other Forms of Equity-Based Compensation | 第40-41页 |
| ·Positive and Negative Effects on the Firm | 第41-43页 |
| Part 2: FOCUS ON GERMANY | 第43-102页 |
| 4 The German Corporate Governance System Revisited | 第44-55页 |
| ·The German Stock Corporation Act | 第45-50页 |
| ·The Management Board | 第45-47页 |
| ·The Supervisory Board | 第47-50页 |
| ·The German Corporate Governance Code | 第50-53页 |
| ·The Management Board | 第51-52页 |
| ·The Supervisory Board | 第52-53页 |
| ·Specialties of the German Governance Model | 第53-55页 |
| 5 The Legal Framework for Executive Stock Compensation | 第55-63页 |
| ·On Remuneration in Germany in General | 第56-57页 |
| ·On Remuneration Disclosure in Germany | 第57-60页 |
| ·On Remuneration Appropriateness in Germany | 第60-63页 |
| 6 Case Studies | 第63-102页 |
| ·The German Stock Market | 第64-69页 |
| ·Equity-Based Compensation in German DAX Companies | 第69-86页 |
| ·Discussion | 第86-92页 |
| ·Stock Price Developments of Selected Companies | 第92-102页 |
| Part 3: CONCLUSION AND OUTLOOK | 第102-106页 |
| 7 Conclusion | 第103-104页 |
| 8 Avenues for Future Research | 第104-106页 |
| ACKNOWLEDGMENTS | 第106-107页 |
| REFERENCES | 第107-111页 |
| APPENDIX | 第111-119页 |
| 卷内备考表 | 第119页 |
