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Gestaltung zielkonsistenter Anreizsysteme fr riskante Investitionen

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Brand
Springer Nature
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N/A
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0
GTIN
9783658013318
Condition
New
Product Description

Im Rahmen der Delegation von Investitionsentscheidungen durch den Eigentmer an einen besser informierten Manager besteht die Gefahr, dass der Manager sich an seinen persnlichen Zielen orientiert, die grundstzlich von der Zielsetzung der Eigentmer divergieren knnen. David Wollscheid zeigt, wie durch die Implementierung zielkonsistenter Anreizsysteme bei riskanten mehrperiodigen Investitionsentscheidungen die Zeit- und Risikoprferenzen des Managers mit der Zielsetzung des Eigentmer im Einklang gebracht werden knnen. Insbesondere stehen die Herleitung von allgemeinen notwendigen und hinreichenden Bedingungen fr die Konstruktion zielkonsistenter Performancemae in Vordergrund. Ferner wird der Frage nachgegangen, welche Informationserfordernisse fr die Gestaltung solcher Performancemae bestehen, und damit einhergehend, inwieweit Grenzen der Gestaltung solcher zielkonsistenter Anreizsysteme in der Praxis zu befrchten sind.

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