1. //
  2. Start
  3. //
  4. Publications
  5. Effect of overlapping audit and compensa...
  6. Output formats
  7. //

Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX

Research output: Journal contributions › Journal articles › Research › peer-review

Standard

Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX. / Velte, Patrick.
In: Journal of Managerial Issues, Vol. 33, No. 1, 2021, p. 27-48.

Research output: Journal contributions › Journal articles › Research › peer-review

Harvard

Velte, P 2021, 'Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX', Journal of Managerial Issues, vol. 33, no. 1, pp. 27-48.

APA

Velte, P. (2021). Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX. Journal of Managerial Issues, 33(1), 27-48.

Vancouver

Velte P. Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX. Journal of Managerial Issues. 2021;33(1):27-48.

Bibtex

@article{24b5db28fb54472095e02fe971dec7da,
title = "Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX",
abstract = "This study focuses on the relationship between board effectiveness andmanagement compensation reporting. Specifically, the effect of overlappingmemberships in audit and compensation committees (OMAC) on the readabilityof management compensation reports (MCR) is analyzed. Using archival datafrom firms listed on the German HDAX between 2014 and 2018 (329 firm-yearobservations) and the Flesch Reading Ease index, regression analysis shows apositive significant effect of OMAC on MCR. Similar statistical results are foundin a robustness check, which refers to an alternative readability score (theGunning Fog index). Several corporate governance and firm characteristics areincluded as control variables, and fixed-effects panel regressions are used. Thisstudy provides empirical support for the agency-theoretical assumption thatboard effectiveness and knowledge spillovers decrease conflicts of interest andinformation asymmetry between boards of directors and shareholders.",
keywords = "Management studies, audit committee, compensation committee, management compensation reporting, overlapping membership, corporate goverannce",
author = "Patrick Velte",
year = "2021",
language = "English",
volume = "33",
pages = "27--48",
journal = "Journal of Managerial Issues",
issn = "1045-3695",
publisher = "Pittsburg State University ",
number = "1",

}

RIS

TY - JOUR

T1 - Effect of overlapping audit and compensation committee memberships on the readability of management compensation reports in the German HDAX

AU - Velte, Patrick

PY - 2021

Y1 - 2021

N2 - This study focuses on the relationship between board effectiveness andmanagement compensation reporting. Specifically, the effect of overlappingmemberships in audit and compensation committees (OMAC) on the readabilityof management compensation reports (MCR) is analyzed. Using archival datafrom firms listed on the German HDAX between 2014 and 2018 (329 firm-yearobservations) and the Flesch Reading Ease index, regression analysis shows apositive significant effect of OMAC on MCR. Similar statistical results are foundin a robustness check, which refers to an alternative readability score (theGunning Fog index). Several corporate governance and firm characteristics areincluded as control variables, and fixed-effects panel regressions are used. Thisstudy provides empirical support for the agency-theoretical assumption thatboard effectiveness and knowledge spillovers decrease conflicts of interest andinformation asymmetry between boards of directors and shareholders.

AB - This study focuses on the relationship between board effectiveness andmanagement compensation reporting. Specifically, the effect of overlappingmemberships in audit and compensation committees (OMAC) on the readabilityof management compensation reports (MCR) is analyzed. Using archival datafrom firms listed on the German HDAX between 2014 and 2018 (329 firm-yearobservations) and the Flesch Reading Ease index, regression analysis shows apositive significant effect of OMAC on MCR. Similar statistical results are foundin a robustness check, which refers to an alternative readability score (theGunning Fog index). Several corporate governance and firm characteristics areincluded as control variables, and fixed-effects panel regressions are used. Thisstudy provides empirical support for the agency-theoretical assumption thatboard effectiveness and knowledge spillovers decrease conflicts of interest andinformation asymmetry between boards of directors and shareholders.

KW - Management studies

KW - audit committee

KW - compensation committee

KW - management compensation reporting

KW - overlapping membership

KW - corporate goverannce

UR - https://www.pittstate.edu/business/journals/journal-of-managerial-issues.html#undefined11

UR - https://www.pittstate.edu/business/_files/documents/jmi/jmi-text-spring-2021-web.pdf

M3 - Journal articles

VL - 33

SP - 27

EP - 48

JO - Journal of Managerial Issues

JF - Journal of Managerial Issues

SN - 1045-3695

IS - 1

ER -

Other publications by the same author(s)

Audit quality and materiality disclosure quality in integrated reporting. The moderating effect of carbon assurance quality.

Velte, P., 14.02.2025, (E-pub ahead of print) In: Corporate Social Responsibility and Environmental Management. 17 p.

Research output: Journal contributions › Journal articles › Research › peer-review

Bedeutungszunahme von internen Kontroll- und Risikomanagementsystemen. Normative Bestandsaufnahme und kritische Würdigung zu den Implementierungs-, Überwachungs-, Prüfungs- und Berichterstattungspflichten.

Velte, P., 2025, (Accepted/In press) In: Zeitschrift für Corporate Governance (ZCG).

Research output: Journal contributions › Journal articles › Research › peer-review

Corporate social responsibility (CSR) decoupling and tax avoidance. Symbolic use of sustainable boards in the European Union?

Velte, P., 16.03.2025, (E-pub ahead of print) In: Corporate Social Responsibility and Environmental Management. 15 p.

Research output: Journal contributions › Journal articles › Research › peer-review

Der Vorschlag der EU-Kommission für ein EU-Omnibus-Paket zur Änderung der CSRD, CSDDD und Taxonomie-Verordnung

Velte, P., Wulf, I., Weber, S. C. & Fischer, A., 2025, (Accepted/In press) In: Der Betrieb.

Research output: Journal contributions › Journal articles › Transfer

Die Prüfung von Nachhaltigkeitsberichten nach dem internationalen Prüfungsstandard ISSA 5000: Eine kritische Würdigung

Velte, P., Borcherding, N. & Lackmann, J., 2025, (Accepted/In press) In: Der Betrieb.

Research output: Journal contributions › Journal articles › Transfer

Recently viewed

Activities

  1. Contrasting pragmatic choices in responding to thanks in Ireland, England and Canada (New Apporaches to Irish English (Corpus) Pragmatics - 2019, Dortmund)
  2. North America's Pacific coastal rainforest under climate change: Deriving recommendations for conservation management from spatial modeling approaches
  3. Transdisziplinäre Entwicklungsteams in der LehrerInnenbildung - Verbindung von Akteuren aus dem Kontext (schul-)pädagogischer und hochschulischer Bedingungen
  4. Linguistically Responsive Teaching in Teacher Education – Innovative Approaches to Analyzing and Improving Pre-service Teachers’ Beliefs about Multilingualism
  5. 'Nationale Kinder- und Jugendliteratur im Prozess der Modernisierung und Internationalisierung - am Beispiel der Bundesrepublik Deutschland und der Türkei' 1995
  6. NEPS. Wissenschaftliche Begutachtung mathematischer Testaufgaben für Schülerinnen und Schüler im Rahmen des BMBF-Forschungsprojekts NEPS: Nationales Bildungspanel.
  7. Nachhaltigen Konsum fördern in Bildungseinrichtungen: Jugendmilieus, transdisziplinäre Interventionsentwicklung und die Veränderung (hoch)schulischer Konsumkultur
  8. Feedback im Kontext digitaler Medien – Über die Wirksamkeit einer Lehr-Lern-Plattform in Einzellernsettings sowie dessen Nutzung und Wahrnehmung durch Schüler*innen
  9. Policy Paper 2011 „Integration in Baden-Württemberg –Gemeinsam mit den Eltern für neue Bildungschancen“ in Trägerschaft des Vereins Netzwerke für Bildungspartner e.V.
  10. Die Konstruktion von Prototypen am Biological Computer Laboratory als epistemologische Strategie zwischen Theorie und Experiment (90th Annual Meeting of the DGGMNT)
  11. Das Inverted Classroom Model im Kontext kompetenzorientierter Hochschullehre - Peer Learning und Cognitive Mapping in der Weiterentwicklung der Vorlesung Zahlentheorie
  12. 14th European Roundtable on Sustainable Consumption and Production (ERSCP) Conference and the 6th Environmental Management for Sustainable Universities (EMSU) Conference - 2010
  13. Bionic Prototypes as scientific models. Experimental Epistemology at the Biological Computer Laboratory 1958-1974 (International Congress of History of Science and Technology)
  14. Redistribution preferences in motion: the effect of average preferences for redistribution in countries of origin on the preferences of immigrants. A cross-sectional approach

Prizes

  1. Lehrpreis der Leuphana Universität Lüneburg 2010: Lehrveranstaltung: „Bildung für einen nachhaltigen Konsum“ im Leuphana Bachelor, Major Umweltwissenschaften
  2. Verleihung des 1. Preises in der Kategorie "Best Young Researcher of the Year 2007" während des dies academicus 2008 durch die Leuphana Universität Lüneburg
  3. Verleihung des 1. Preises in der Kategorie "Best Young Researcher of the Year 2008" während des dies academicus 2009 durch die Leuphana Universität Lüneburg
  4. Three-year grant from German Science Foundation (DFG: Deutsche Forschungsgemeinschaft) to contact the sixth round of the World Values Surveys in Germany (WE2266/9-1)
  5. Förderung der Open-Access-Publikation der Habilitationsschrift (Trademark and Unfair Competition Conflicts: Historical-Comparative, Doctinal, and Economic Perspectives
  6. Forschungsstipendium des Research Council of Norway: Forschungsaufenthalt an der Universität Oslo für das Projekt 'Local Interest Representation in Multi-Level Parties'

Publications

  1. Wyzwania edukacji na rzecz zrównoważonego rozwoju w konflikcie między praktycznością warunkami strukturalnymi a transferem konceptualnej kompleksowości
  2. Temperature and palaeolake evolution during a Middle Pleistocene interglacial–glacial transition at the Palaeolithic locality of Schöningen, Germany
  3. Learning processes for interpersonal competence development in project-based sustainability courses – insights from a comparative international study
  4. Abbauverhalten von klinikspezifischen Abwasserinhaltsstoffen und deren Beeinflussung des Bakterienwachstums im Closed-Bottle-Test: Desinfektionsmittel.
  5. Policy as normative influence? On the relationship between parental leave policy and social norms in gender division of childcare across 48 countries
  6. Netzwerkbasierte Betrachtung von ko-konstruktiven Interaktionsprozessen im Unterricht – Ein Ansatz zur Beschreibung und Analyse von Angebot und Nutzung
  7. Inklusionsorientierte Lehrkräftebildung an der Leuphana Universität Lüneburg - Entwicklung und Implementation von Basisqualifikation und Profilstudium
  8. Climate reporting quality following the recommendations of the task force on climate-related financial disclosures: A Focus on the German capital market
  9. A cross-sectional study of university students' pocket money variance and its relationship with digital health literacy and subjective well-being in Ghana
  10. B7-H1 restricts neuroantigen-specific T cell responses and confines inflammatory CNS damage: implications for the lesion pathogenesis of multiple sclerosis.
  11. Kinder, Küche, Krise der Reproduktion. Ein Mailwechsel über Konstellationen von Sorge-, Lohn- und Schreibarbeit in Romanen von Caroline Muhr bis Anke Stelling
  12. Impacts of offshore wind farms on sediment structure and the water column during construction, and changes in bottom topography during the operation phase
  13. §1 Einführung: Das Verwaltungsrecht der Europäischen Union als Gegenstand rechtswissenschaftlicher Forschung - Entwicklungslinien, Prinzipien und Perspektiven
  14. Development of a cell culture system for studying effects of native and photochemically transformed gaseous compounds using an air/liquid culture technique
  15. Simultaneous Determination of 11 Sulfonamides by HPLC–UV and Application for Fast Screening of Their Aerobic Elimination and Biodegradation in a Simple Test
  16. Function-, incentive- and expense-related compensation of supervisory boards and audit committees - Empirical Evidence in the German DAX 30, MDAX, SDAX and TecDAX
  17. The role of expert feedback in the development of pre-service teachers’ professional vision of classroom management in an online blended learning environment
  18. Bildungsbiographische Aspekte von Qualifikationsaneignungen und -verwendungen im Erwerbsleben von Frauen im Berufsbereich personenbezogener Dienstleistungen
  19. A strategy for an initial assessment of the ecotoxicological effects of transformation products of pesticides in aquatic systems following a tiered approach
  20. Single mothers figuring out their future family life – understanding family development after separation and divorce drawing upon the concept of configuration
  21. The right to liberty and security according to article 5 of the European Convention on Human Rights and facing threats to public safety and national security
  22. Marcel Bois / Bernadette Reinhold (Hgg.): Margarete Schütte-Lihotzky. Architektur. Politik. Geschlecht. Neue Perspektiven auf Leben und Werk, Basel: Birkhäuser Verlag 2019
  23. Is too much help an obstacle? Effects of interactivity and cognitive style on learning with dynamic versus non-dynamic visualizations with narrative explanations
  24. Veränderung von Staatlichkeit und öffentliche Güter – Voraussetzungen für Nachhaltigkeit, Geschlechtergerechtigkeit und Sicherung der Lebensgrundlagen (livelihood)
  25. Comparison of an Electrochemical and Luminescence-Based Oxygen Measuring System for Use in the Biodegradability Testing According to Closed Bottle Test (OECD 301D)
  26. Eine Concept-Map-basierte Seminarkonzeption zur Unterstützung eines differenzierten Wissensaufbaus im Rahmen einer reflexiv-inklusionsorientierten Lehrkräftebildung
  27. A Cross-Sectional Study of the Perceived Stress, Well-Being and Their Relations with Work-Related Behaviours among Hong Kong School Leaders during the COVID-19 Pandemic
  28. Daten des IAB-Betriebspanels und Firmenpaneldaten aus Erhebungen der Amtlichen Statistik - substitutive oder komplementäre Inputs für die Empirische Wirtschaftsforschung?
  29. Erratum to "Generic functions of railway stations-A conceptual basis for the development of common system understanding and assessment criteria" [Transp. Policy 18 (2010) 446-455]