In recent years, the salaries of managers have risen significantly, both in absolute terms and in relation to employee wages. This has sparked a broad public discussion about the appropriateness of these salaries. Of particular interest is the question of whether management can influence its own compensation. Christian Lazar outlines the factors influencing management compensation and analyzes the relationship between stock-based incentive systems and company performance. Through an empirical study, he demonstrates that there exists an optimal level of stock-based incentive systems that leads to the maximization of company value. Furthermore, the author questions the hypothesis of the Managerial Power Approach, which posits that managers can influence their compensation contracts. He concludes that the quality.