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Understanding executive compensation and its effects helps design better organizations. Research on this area is thus of paramount importance. For large US companies, the ExecuComp database offers access to standardized and comprehensive executive compensation data. Hence, research on executive compensation has strongly focused on US companies. It is not clear that research results based on US data apply to other countries due to differences in corporate governance and culture. We have built up a database that is similar to ExecuComp for Germany, which is by far the largest economy in Europe. This database includes companies from the two largest German stock indices DAX and MDAX. We make these data available for academic research. We describe the data and we provide important results to outline the opportunities that our database offers. We find that only some of the empirical results for US companies such as the association between company size and pay level generalize to German companies while others such as compensation structure and the vertical pay inequality provide opportunities for further investigation.

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We propose and discuss a novel approach for calculating FRAND royalties based upon average total cost per patent plus a reasonable return for the patent holder. Our approach relies upon principles common in regulated industries such as telecommunication networks. Compared to existing approaches that use net sales or fractions thereof as the basis for royalty calculation, our approach has the advantage of arriving at an estimate for FRAND royalties without the need to rely upon comparable licensing transactions. Thus, our approach helps to more accurately define royalty ranges that are FRAND compliant.