Executive compensation and executive incentive problems: an empirical analysis

The question of whether the design of the corporate executive pay package reflects an attempt to reduce agency costs between shareholders an managers is adressed. The components of senior executive pay are found to vary systematically across firms in a manner that cannot easily be explained by tax effects, and which would indicate that individual elements of pay are aimed at controlling for limited horizon and risk exposure problems. Managerial decisions and the structure of managerial pay therefore appear to be interrelated.

Explaining Scholarship Addressing Hispanic Children’s Issues

The purpose of this essay is to explain the dearth of scholarship in Hispanic and Latino children’s issues. To answer this question, a data set of all the scholarship addressing Hispanic and Latino children was created. This data set was used to test two hypotheses. The first of these is that scholarship on Hispanic children is created by Hispanic scholars. The second is that government incentives lead scholars to produce scholarship. This article will show that interest in Hispanic and Latino children can be explained by the existence of Hispanic and Latino scholars, the size of the Hispanic population and the existence of monetary incentives that encourage scholars to conduct research with a focus on this population.

Best practice in transdisciplinary research - Swiss td-award Winners 2013

Transdisciplinary research plays an increasing role in topics of societal relevance and impact. The td-net of the Swiss Academies of Arts and Sciences awards innovative transdisciplinary research every other year. The last td-award was given in 2013. This special focus of GAIA features the six prize-winning projects, presenting short summaries of their work. Explaining its selection in the following introduction, the Jury of the td-net honours the awardees, and puts their work into a global perspective.