摘要
The salaries of the chief executive officers of the DAX-30 enterprises are often in the spotlight of the public and the general discussion.By contrast,the pension contributions for the members of the management boards of the DAX-30 enterprises are mostly below the radar,although they have become increasingly more significant during the past years.In spite of the given transparency by the German Corporate Governance Code(the“code”)and its obliging conversion into the management remuneration disclosure law(VorstOG),the pension contributions have not moved in the spotlights of the public and their attention.The illustration of the extent of the pension contributions for DAX-30 enterprises shows the quintessential point of this investigation.Additionally,their administrative forms are discussed,implied moral hazard problems are illuminated,and malus regulations for pension contributions are examined.The result of the investigation will contain recommendations for supervisory boards and the government commission of the German Corporate Governance Code as well as ideas for further research.
