The Managerial Compensation Responding to Earnings Manipulation Ruoyu Zhang** August 10, 2012 Abstract When the true earning in each period is private information to the agent, then the performance based pay provides the agent with incentive to misallocate the earnings to get more compensation. To address the concern of earnings manipulation problem, SEC imposed a strict disclosure regulation in 1993. An optimal managerial contract should be designed not only to provide the agent with an
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Theses/Dissertations/Professional Papers/Capstones 5-1-2007 Manager retention and the Steamboat Ski Resort Michael D. Gumbiner University of Nevada, Las Vegas Follow this and additional works at: http://digitalscholarship.unlv.edu/thesesdissertations Part of the Hospitality Administration and Management Commons, and the Work, Economy and Organizations Commons Repository Citation Gumbiner, Michael D., "Manager retention and the Steamboat Ski Resort" (2007). UNLV Theses/Dissertations/Professional Papers/ Capstones
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the role of the Travel Compensation Fund Submission by Australian Federation of Travel Agents April 2010 Contact Mr Jayson Westbury Chief Executive Officer, AFTA 309 Pitt Street Sydney NSW 2000 T: 02 9287 9900 E: afta@afta.com.au Without a travel agent, you are on your own AFTA submission to Ministerial Council on Consumer Affairs Review of consumer protection measures in the travel and travel-related services market including the role of the Travel Compensation Fund Page 2 AFTA
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form of compensation for corporate executive for optimizing long –run performance. Over the past two decades, there has been a stream of research which has focused on the characteristics of corporate executive and firm performance. This paper examines five academic and practitioner-theory focused research articles by (Baker et al, 2006; Babchuk et al, 2003; Hartzell et al, 2003; Murphy et al, 2003; and Kathleen et al, 1989) on the subject of corporate performance and compensation. The
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Executive Summary This paper is about the concepts behind and an analysis of an employment contract between Sam Marafioti and the Sunnybrook Health Sciences Center. The goal of this paper is to better understand contract law and the legal, ethical and contractual issues that can arise when dealing with an employment contract. The paper begins by explaining the objective of the paper and the used in order to complete the objective. The methodology used is a five step process beginning with
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OF M INNESOTA page 1 This material is intended to give ideas for teaching and learning activities. Posted with permission. Copyright belongs to the creator. © 200 2 Timothy M. Smith Term Paper: Sales Management Practice Timothy M. Smith Marketing 4030: Sales Management Purpose This term paper exercise is designed to have you study the specific sales practices of a company of your choice. You are to study a company directly, that is, by personally interviewing one or more key executives
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their contributions in making organization's goals. However, HRM exists to ensure employee productivity by addressing any hindrance occurring on employees' performance. This paper explores the functions of HRM, major concerns in those functions and their relevance to the sum total goal of an organization. In addition the paper reflectively focuses on the impacts of functions to the employees' current and future career. To achieve the organizational goals, HRM develops the employees and motivates the
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There has been widespread controversy in recent years about the amount of compensation CEO’s receive. CEO’s financial compensation packages were largely structured to incentivize risk taking in order to increase shareholder wealth (“Restraints on Executive Pay”, 2009). Yet, the 2008 financial crisis was mostly characterized by declining levels of company performance largely due to the increase of risk afforded to CEO’s by the attractiveness of lucrative executive incentives to perform. This essay
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Name: Number: Course: Lecturer: RESEARCH ASSISTANT IN SOLAR PANEL INDUSTRY REVISED PART OF OVERVIEW We have seen from part 1 of research how damages to the earth, pollution and global warming have caused a lot of environmental degradation in the recent years. This is mostly brought about by the excessive use of non renewable sources of energy such as coal and other fossil fuels. These non renewable sources of energy are characterized by excess carbon emission to the atmosphere which causes
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I think that people consider CEO compensation to be unfair because they simply see a large compensation. However, when determining if CEO compensation is fair I think there is more to be considered. People unaffiliated with the company are not going to have an unbiased opinion. Therefore, we need to look to those affiliated with the company of interest. Research shows that 93% of companies in the Russell 3000 index approved of their CEO's pay. (Feloni 2014) Also, we should consider that
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