An Introduction to Executive Compensation by Steven Balsam

By Steven Balsam

Common readers do not know why humans may still care approximately what executives are paid and why they're paid the way in which they're. that is the reason that The Wall highway magazine, Fortune, Forbes, and different well known and practitioner courses have usual insurance on them. This e-book not just proposes a reason--executives desire incentives to be able to maximize company worth (economists name this "agency theory")--it additionally describes the character and layout of govt repayment practices. these incentives can take the shape of advantages (salary, inventory options), perquisites (reflecting the prestige of the administrative in the organizational tradition.
This publication is necessary since it takes the weather of an govt repayment package deal aside, studying them within the contexts of either monetary idea and company perform after which explains how, lower than various stipulations, one could build a repayment package deal that optimizes an executive's and a corporation's functionality.

Key Features
* provides an goal research of present govt reimbursement practices
* Comprehensively studies of educational literature and extant practice
* Explains and illustrates a number of the parts of the reimbursement package
* Discusses the motivation, monetary reporting, tax, political, fairness, and company price results of these components

Show description

Read or Download An Introduction to Executive Compensation PDF

Best investments & securities books

Applied Value Investing: The Practical Application of Benjamin Graham and Warren Buffett's Valuation Principles to Acquisitions, Catastrophe Pricing ... Execution (McGraw-Hill Finance & Investing)

On account that Benjamin Graham fathered price making an investment within the Thirties, the strategy of study has spawned a good number of hugely winning traders, equivalent to Graham’s personal former scholar and worker, Warren Buffett, who's considered as probably the most winning traders of contemporary occasions. through the years, various books were released on Benjamin Graham’s procedure.

Foreign Direct Investment (National Bureau of Economic Research Project Report)

During the last decade, overseas direct funding (FDI) world wide has approximately tripled, and with this surge have come dramatic shifts in FDI flows. In overseas Direct funding, exceptional economists examine adjustments in FDI, together with historic traits, particular nation stories, advancements within the semiconductor undefined, and diversifications in foreign mergers and acquisitions.

Chinese Economy in the 1990s (Studies in the Chinese Economy)

This booklet offers a entire review and an financial research of China's fiscal reform stories, relatively these because the overdue Eighties. It covers many institutional info of key features of the chinese language economic climate, together with monetary and financial administration, monetary quarter improvement, country company reform, overseas exchange, international funding, decentralization and nearby improvement.

Monte Carlo Simulation and Finance, 1st Edition

Monte Carlo tools were used for many years in physics, engineering, data, and different fields. Monte Carlo Simulation and Finance explains the nuts and bolts of this crucial method used to worth derivatives and different securities. writer and educator Don McLeish examines this basic technique, and discusses very important concerns, together with really good difficulties in finance that Monte Carlo and Quasi-Monte Carlo tools may also help resolve and different methods Monte Carlo tools will be more desirable upon.

Extra info for An Introduction to Executive Compensation

Sample text

C. 1 Item 402 of SEC Regulation S-K 29 or replacement grants, or any other means (‘‘repriced’’), the registrant shall provide the information specified in paragraphs (i)(2) and (i)(3) of this item. (2) The compensation committee (or other board committee performing equivalent functions or, in the absence of any such committee, the entire board of directors) shall explain in reasonable detail any such repricing of options and/or SARs held by a named executive officer in the last completed fiscal year, as well as the basis for each such repricing.

Fisher, its Chief Executive Officer (CEO), entered into on October 27, 1993, explicitly states the following:2 The Executive shall be paid an annualized Base Salary, payable in accordance with the regular payroll practices of the Company, of $2,000,000. The Base Salary shall be reviewed no less frequently than annually for increase in the discretion of the Board and its Executive Compensation and Development Committee. B. Bonus Bonus is a form of compensation that may be conditioned upon individual, group, or corporate performance.

A plan may be applicable to one person. Registrants may omit information regarding group life, health, hospitalization, medical reimbursement or relocation plans that do not discriminate in scope, terms or operation, in favor of executive officers or directors of the registrant and that are available generally to all salaried employees. (iii) The term long-term incentive plan means any plan providing compensation intended to serve as incentive for performance to occur over a period longer than one fiscal year, whether such performance is measured by reference to financial performance of the registrant or an affiliate, the registrant’s stock price, or any other measure, but excluding restricted stock, stock option and SAR plans.

Download PDF sample

Rated 4.40 of 5 – based on 22 votes