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Circles of Compensation

Circles of Compensation PDF Author: Kent E. Calder
Publisher: Stanford University Press
ISBN: 150360294X
Category : Political Science
Languages : en
Pages : 411

Book Description
Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political–economic system produce such strongly contrasting outcomes? This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system. The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.

Circles of Compensation

Circles of Compensation PDF Author: Kent E. Calder
Publisher: Stanford University Press
ISBN: 150360294X
Category : Political Science
Languages : en
Pages : 411

Book Description
Japan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political–economic system produce such strongly contrasting outcomes? This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system. The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.

Crisis and Compensation

Crisis and Compensation PDF Author: Kent E. Calder
Publisher: Princeton University Press
ISBN: 9780691023380
Category : History
Languages : en
Pages : 584

Book Description
An analysis of nonindustrial domestic policies in post-war Japan.

Against the Profit Motive

Against the Profit Motive PDF Author: Nicholas R. Parrillo
Publisher: Yale University Press
ISBN: 0300187300
Category : Political Science
Languages : en
Pages : 582

Book Description
In America today, a public official's lawful income consists of a salary. But until a century ago, the law frequently authorized officials to make money on a profit-seeking basis. Prosecutors won a fee for each defendant convicted. Tax collectors received a cut of each evasion uncovered. Naval officers took a reward for each ship sunk. The list goes on. This book is the first to document American government's "for-profit" past, to discover how profit-seeking defined officials' relationship to the citizenry, and to explain how lawmakers-by banishing the profit motive in favor of the salary-transformed that relationship forever.

A Prelude to the Welfare State

A Prelude to the Welfare State PDF Author: Price V. Fishback
Publisher: University of Chicago Press
ISBN: 9780226251639
Category : Business & Economics
Languages : en
Pages : 348

Book Description
Workers' compensation was arguably the first widespread social insurance program in the United States--before social security, Medicare, or unemployment insurance--and the most successful form of labor legislation to emerge from the early progressive movement. In A Prelude to the Welfare State, Price V. Fishback and Shawn Everett Kantor challenge widespread historical perceptions by arguing that workers' compensation, rather than being an early progressive victory, succeeded because all relevant parties--labor and management, insurance companies, lawyers, and legislators--benefited from the ruling.

Globalization and the Welfare State

Globalization and the Welfare State PDF Author: B. Södersten
Publisher: Springer
ISBN: 0230524427
Category : Political Science
Languages : en
Pages : 262

Book Description
With contributions from leading thinkers such as J. Bhagwati and Robert Solow, this edited collection examines some hotly debated issues in today's world. The significance of globalization and its effects on welfare states is discussed and analyzed. A special chapter is devoted to terrorism, and it is explained why some people are willing to sacrifice their lives to gain 'heavenly goods'. The role of multinationals in the globalization process is examined as is the importance of changing and evolving social norms regarding work and leisure for the survival of today's welfare states.

Compensation

Compensation PDF Author: Barry Gerhart
Publisher: SAGE
ISBN: 0761921079
Category : Business & Economics
Languages : en
Pages : 320

Book Description
`Gerhart and Rynes provide a thorough, comprehensive review of the vast literatures relevant to compensation. Their insights regarding the integration of economic, psychological and management perspectives are particularly enlightening. This text provides an invaluable tool for those interested in advancing our understanding of compensation practices' - Alison Barber, Eli Broad College of Business, Michigan State UniversityCompensation provides a comprehensive, research-based review of both the determinants and effects of compensation. Combining theory and research from a variety of disciplines, authors Barry Gerhart and Sara Rynes examine the three major compensation decisions - pay level, pay structure and pay delivery systems.Revealing the impact of different compensation policies, this interdisciplinary volume examines: the relationship between performance-based pay and intrinsic motivation; implications of individual pay differentials for team or unit performance; the consequences of pay for performance policies; effect sizes and practical significance of compensation findings; and directions for future research.Compensation considers why organizations pay people the way they do and how various pay strategies influence the success of organizations. Critically evaluating areas where research is inconsistent with common beliefs, Gerhart and Rynes explore the motivational effects of compensation.Primarily intended for graduate students in human resource management, psychology, and organizational behaviour courses, this book is also an invaluable reference for compensation management consultants and organizational development specialists.

Pay Without Performance

Pay Without Performance PDF Author: Lucian A. Bebchuk
Publisher: 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.

Anarchy, State, and Utopia

Anarchy, State, and Utopia PDF Author: Robert Nozick
Publisher: John Wiley & Sons
ISBN: 063119780X
Category : Anarchism
Languages : en
Pages : 386

Book Description
Robert Nozicka s Anarchy, State, and Utopia is a powerful, philosophical challenge to the most widely held political and social positions of our age ---- liberal, socialist and conservative.

Gold, Dollars, and Power

Gold, Dollars, and Power PDF Author: Francis J. Gavin
Publisher: UNC Press Books
ISBN: 9780807828236
Category : Political Science
Languages : en
Pages : 294

Book Description
"Gavin demonstrates that Bretton Woods was in fact a highly politicized system that was prone to crisis and required constant intervention and controls to continue functioning. More important, postwar monetary relations were not a salve to political tensions, as is often contended.

Compensation in Practice

Compensation in Practice PDF Author: Constantin Goschler
Publisher: Berghahn Books
ISBN: 178533638X
Category : Political Science
Languages : en
Pages : 265

Book Description
Founded in 2000, the German Foundation “Remembrance, Responsibility and Future” is one of the largest transitional justice initiatives in history: in cooperation with its international partner organizations, it has to date paid over 4 billion euros to nearly 1.7 million survivors of forced labour during the Nazi Era. This volume provides an unparalleled look at the Foundation’s creation, operations, and prospects after nearly two decades of existence, with valuable insights not just for historians but for a range of scholars, professionals, and others involved in human rights and reconciliation efforts.