| |Executive pay should be regulated to prevent executives paying themselves too much. | | | Table of Contents 1. Introduction 3 2. Case of Bank of America CEO Compensation 3 3. Arguments on Steep Executive Compensation 4 4. Conclusion 6 References
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Optronics was fined $500 million and its former president and executive vice president were sentenced to three years each in prison. Judge Susan Illston said that the three-year sentences were enough since “they acted not for personal gain but out of their belief that they were aiding a troubled industry plagued by overproduction and plummeting prices.” Au Optronics had together with seven other competitors been convicted of sending company executives to quarterly meetings from 2001 to 2006 to determine prices
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Green Banking Initiative: Opportunities for Bangladesh Dr. S M Ahsan Habib Professor and Director (Training & Research), BIBM The paper was presented at a seminar on Green Banking at BIBM on October 14, 2010 Green Banking Initiative: Opportunities for Bangladesh I. Introduction Banks that were once seen only as profit motive institutions have been adjusting to a more demanding market and to a more conscious society
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growing larger and fast in Southeast Asia which include Singapore, Malaysia, and Indonesia. To expand our business, we are proud to announce our venture further into China. At Zone5,we believe the consumers will experience a fun and easy shopping. Executive summary As an e-retailers that sell products through the Internet. There will be many legal issues we will encounter and it is unavoidable. For an online website, the common legal issue we will encounter is regarding about the domain name, trademark
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YBERWHAT IS CYBER CRIME? Criminal activity in the cyberspace environment, commonly called “cybercrime” (also called computer criminal activity), is any illegal behavior directed through digital functions that overcomes the protection of personal computers (PCs) and everything associated with it. It involves a variety of issues ranging from the robbery of details from a PC or system, to the use of a PC, while in the performance of a criminal activity. As more companies connect their systems to the
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more in the form of government legislation and enforcement than organized consumer associations. Thirty-Seven years after the first consumer protection agency was established, cases of consumer rights abuse are still preponderant. The aim of this exploratory and conceptual study is to assess the performance of agencies in charge of consumer rights protection based on their statutory functions. The study finds that, for the most part, the agencies are below par in performance with very poor level of
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China. He can be contacted at: poxavier@gmail.com Disclaimer. The views in this report are those of the author and do not necessarily reflect the views of the ACMA. © BEHAVIOURAL ECONOMICS AND CUSTOMER COMPLAINTS IN COMMUNICATION MARKETS Executive summary 4 1. INTRODUCTION 10 1.1 Purpose of this report 10 1.2 Customer complaints in the telecommunications sector 11 1.3 Structure of report 16 2. INSIGHTS FROM BEHAVIOURAL ECONOMICS 17 2.1 Behavioural
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plans that rewarded people for developing “innovative” new financial investment vehicles and for taking risks to earn themselves and their firms a lot of money. Troubled Asset Relief Program (TARP), which included restrictions on executive pay designed to discourage executives from taking “unnecessary and exces-sive risks.” In an opinion piece in The Wall Street Journal, entitled “How Business Schools Have Failed Business,” the former director of corporate finance policy at the United States Treasury
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corporate fraud is committed. By the same token, Fannie Mae’s $9 billion of overstated earnings from 2001-2003 also became a strong representation for the executive deception that was committed during this time period (Harvard Law School Case). However, the reasons for the fraud itself are often overlooked. While we can’t be certain that executive compensation practices contributed to this fraud, it undoubtedly did not strengthen the idea of producing firm value for the benefit of shareholders.
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Number 3—Summer 2003—Pages 71–92 Executive Compensation as an Agency Problem Lucian Arye Bebchuk and Jesse M. Fried E xecutive compensation has long attracted a great deal of attention from financial economists. Indeed, the increase in academic papers on the subject of CEO compensation during the 1990s seems to have outpaced even the remarkable increase in CEO pay itself during this period (Murphy, 1999). Much research has focused on how executive compensation schemes can help alleviate
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