Author: George Thomas WashingtonPublisher:
ISBN:
Category : Bonus system
Languages : en
Pages : 584
Book Description
Compensating the Corporate Executive: Salary, profit participation, and deferred compensation plans.- v.2. Stock, pension, and insurance plans
Author: George Thomas WashingtonPublisher:
ISBN:
Category : Bonus system
Languages : en
Pages : 584
Book Description
Compensating the Corporate Executive Salary Profit Participation, and Deferred Compensation Plans
Author: George Thomas WashingtonPublisher:
ISBN:
Category : Executives
Languages : en
Pages :
Book Description
Pay Without Performance
Author: Lucian A. BebchukPublisher: Harvard University Press
ISBN: 9780674020634
Category : Business & Economics
Languages : en
Pages : 308
Book Description
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.
Compensating the Corporate Executive
Author: George Thomas WashingtonPublisher:
ISBN:
Category : Bonus system
Languages : en
Pages : 582
Book Description
Personnel Literature
Author: United States. Office of Personnel Management. LibraryPublisher:
ISBN:
Category : Civil service
Languages : en
Pages : 496
Book Description
Compensating the Corporate Executive
Author: George Thomas WashingtonPublisher:
ISBN:
Category : Bonus system
Languages : en
Pages : 616
Book Description
Taxes Have Consequences
Author: Arthur B. LafferPublisher: Simon and Schuster
ISBN: 1637585659
Category : History
Languages : en
Pages : 380
Book Description
The definitive history of the effect of the income tax on the economy. Ever since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. The most brutal example was the Great Depression itself. When the top tax rate has been cut and held at reduced levels—as in the 1920s, the 1960s, in the long boom of the 1980s and 1990s, and briefly in the late 2010s—astonishing reversals have occurred. The rich have brought their money out of hiding and put it to work in the economy. The huge swings in the American economy since 1913 have had an inverse relationship to income tax rates.
Compensating the Corporate Executive: Stock, pension, and insurance plans
Author: George Thomas WashingtonPublisher:
ISBN:
Category : Bonus system
Languages : en
Pages : 656
Book Description
California. Court of Appeal (1st Appellate District). Records and Briefs
Author: California (State).Publisher:
ISBN:
Category : Law
Languages : en
Pages : 102
Book Description
ABA Journal
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 108
Book Description
The ABA Journal serves the legal profession. Qualified recipients are lawyers and judges, law students, law librarians and associate members of the American Bar Association.