Article in Journal
Economic crisis, remuneration systems and sustainable corporate development
Michael Adams
ifo Institut für Wirtschaftsforschung, München, 2009
ifo Schnelldienst, 2009, 62, Nr. 09, 22-25
ifo Institut für Wirtschaftsforschung, München, 2009
ifo Schnelldienst, 2009, 62, Nr. 09, 22-25
![](https://www.ifo.de/DocImg/ifosd_2009_9_3.jpg?c=1689237045)
In his comment Michael Adams, University of Hamburg, argues that the legislative proposal on executive board remuneration is not an effective reaction to the banking crisis. This mainly "dirigistic hotchpotch of regulations" will lead to no progress since the "superfluous and harmful elements count more than the few useful ones". In his opinion it would be better to pass no law at all.
JEL Classification: O100
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ifo Schnelldienst 09/2009
ifo Institut für Wirtschaftsforschung, München, 2009