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Aktienbasierte Managementvergütung

Aktienbasierte Managementvergütung


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About the Book

Bachelorarbeit aus dem Jahr 2010 im Fachbereich BWL - Controlling, Note: 1,30, Universität Konstanz, Sprache: Deutsch, Abstract: Die in der öffentlichen Diskussion zuletzt zunehmende Debatte über die Vergütungshöhe der Manager infolge der Finanzkrise war Anlass für die Bundesregierung ein Gesetz zur Angemessenheit der Vorstandsvergütung zu verabschieden, das am 05.08.2009 in Kraft getreten ist. Dieses Gesetz sieht auch eine zentrale Änderung beim Vergütungsinstrument Aktienoptionsprogramme vor. Die Sperrfrist wurde von zwei auf vier Jahre(§193, Abs.2, Nr.4) erhöht, um Anreize für langfristige Entscheidungen zu setzen. Ausgehend von dieser Thematik beschäftigt sich diese Arbeit im Wesentlichen mit dem Vergütungsinstrument Aktienoptionsprogramme. Die Führungskräfte erhalten Optionen auf Aktien zu vorher festgelegten Preisen, die sie bei Erfüllung vorgegebener Zielvorgaben ausüben können. Sie ermöglichen ihnen von Unternehmenswert-steigerungen und damit verbundenen Aktienkursanstiegen zu profitieren. Damit Aktienoptionsprogramme ihre Anreizwirkung hinsichtlich einer Unternehmenswertsteigerung entfalten können, ist ihre strukturierte Implementierung und Ausgestaltung Voraussetzung. Im Rahmen der Einführung in das Themenfeld "Vergütungssysteme" werden Kriteriender Vergütung, Anforderungen an Vergütungssysteme sowie die unterschiedlichen Entgeltkomponenten erläutert. Den Hauptteil des theoretischen Teils dieser Arbeit bildetdas dritte Kapitel, in welchem auf die aktienbasierte Managementvergütung eingegangen wird. Der Fokus liegt hierbei auf Aktienoptionsprogrammen. Insbesondere werden die Anforderungen an Aktienoptionsprogramme und deren Ausgestaltungsparameter erläutert. Darüber hinaus wird ein Überblick über verschiedene Formen von Aktienoptionsprogrammen gegeben. Abgeschlossen wird diese Arbeit mit einer empirischen Untersuchung. Im ersten Teil dieser Untersuchung wird analysiert, ob sich bei den im Deutschen Aktienindex (DAX)2 gelisteten Unternehmen ein linearer Zusa


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Product Details
  • ISBN-13: 9783656495826
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 3 mm
  • Weight: 118 gr
  • ISBN-10: 3656495823
  • Publisher Date: 07 Oct 2013
  • Height: 210 mm
  • No of Pages: 44
  • Series Title: German
  • Sub Title: Aktuelle Trends
  • Width: 148 mm


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