The influence of national culture on stock option programmes as motivators. The case of managers in Germany
von Prof. Dr. Cornelia Eva Scott
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However, despite this positive economic development, economic inequality in Germany has risen to unprecedented levels in the past years, with 13.5 percent of Germans or 11 million (2004) officially living below the poverty line. 1 in 7 children and 1 in 5 young people are said to live in poverty. The number of homeless people is expected to increase dramatically because of Hartz IV and it is feared that inequality will grow strongly. | Economic inequality in Germany has risen to unprecedented levels in the past years, with 13.5% of Germans or 11 million (2004 figure) officially living below the poverty line. (1 in 7 children and 1 in 5 young people are said to live in poverty.) Due to the Agenda 2010, especially the Hartz IV law, the number of poor Germans and the number of homeless people is expected to rise further, and it is feared that inequality will grow strongly. |
With a few exceptions word-for-word as in Wikipedia. No reference given. |
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