ISSN 1045-6333 HARVARD JOHN M. OLIN CENTER FOR LAW‚ ECONOMICS‚ AND BUSINESS EXECUTIVE COMPENSATION AS AN AGENCY PROBLEM Lucian Arye Bebchuk and Jesse M. Fried Discussion Paper No. 421 04/2003 Harvard Law School Cambridge‚ MA 02138 The Center for Law‚ Economics‚ and Business is supported by a grant from the John M. Olin Foundation. This paper can be downloaded without charge from: The Harvard John M. Olin Discussion Paper Series: http://www.law.harvard.edu/programs/olin_center/ The
Premium Corporate governance Stock market Stock
Tour Package to Senegal‚ Africa Part One: Senegal is a country slightly smaller than South Dakota‚ located on the Western Africa‚ bordering the North Atlantic Ocean‚ between Guinea-Bissau and Mauritania. The Climate is tropical; hot‚ humid; the rainy season (May to November) has strong southeast winds; dry season (December to April) is dominated by hot‚ dry‚ harmattan wind. The most plenty natural resources are fish‚ phosphates‚ iron ore. As of July 2005 the population of Senegal is 11‚126
Premium Tourism Senegal
Compensation Claims Contents Employers’ duties What kind of claims may be made? The tort of negligence Tort of breach of statutory duty Civil liability exclusions Conditions to be met for breach of statutory duty Defences against a claim Contributory negligence "Violenti" rule Vicarious liability - when the employee is negligent Strict liability - when the employer is not negligent Limitations on timescales for claims Damages Procedures when a claim is made Letter of claim
Premium Tort law Tort Law
A Guide to Package Holidays National Consumer Agency Who are we? The National Consumer Agency is an independent national agency that was established by the Irish government under the Consumer Protection Act 2007. Our activities incorporate the work that was previously done by the Office of the Director of Consumer Affairs (ODCA). We also have additional areas of focus‚ which are outlined below‚ and we have extensive new powers. Among other things‚ these powers allow us to deal with unfair‚
Free Consumer protection Consumer Product liability
Customer Benefit Package – Walmart versus Luxury Clothier Walmart is no one of the largest retail stores in North America. It is considered to be one of the most efficiently run retail business worldwide. To compare Walmart to luxury retailers has numerous contrasting factors both in goods and services provided. The most significant factor is the price when comparing Walmart to luxury retailers. Walmart is committed to saving its customers money so they can live a better life; this is why their
Premium Wal-Mart Retailing Department store
The Mysterious Package After a long day of work‚ Robert goes to his house to pack the suitcases for the trip scheduled at that exact same day. He was going to Los Angeles to visit his family‚ because he hasn’t seen them for a long time. When Robert arrives at the JFK airport‚ a stranger accosts him and asks if he can carry a mysterious package onto the plane. Robert is doubtful‚ but soon accepts since he is in need of money. After accepting the stranger’s package‚ he needs to pass through the security
Premium English-language films Crime Police
EPS and Compensation Only applies to common shares The Issue EPS is a measure of income earned for each share of common stock EPS = NI – preferred dividends (declared and THIS YEARS cumulative but not declared) Weighted average number of shares EPS with a stock dividend = NI – preferred dividends Shares outstanding * split ratio (or 1 + stock dividend %) Example This year we earned $100‚000 and have 50‚000 shares
Premium Corporate finance Stock market Preferred stock
Inadequate Compensation Percent Responding: 57.2% "Compensation for most positions is far below the market average for our region‚ no annual increases in the last 4 years." Salary.com’s survey results show that inadequate compensation is by far the number one reason that dissatisfied employees want to leave their job. It has been proven time and again that fair pay practices benefit not only the employee‚ but also the employer (by reducing unwanted and unanticipated turnover costs). Employees
Premium Employment
Introduction What are advantages and disadvantages within the supply chain for a paper- based shipping container‚ a wood-based shipping container and a plastic-based shipping container for use as a distribution package (a non-retail shipping package)? Advantages for using paper-based shipping containers are due to the corrugated box being a sustainable‚ versatile‚ and lightweight material. The paper-based shipping container can be used for multitudes of products and can be
Premium Pallet Containerization
Workers Compensation is essentially a form of insurance that provides wage replacement and medical coverage to employees that are injured while working. This compensation‚ however‚ is not freely given to the employees. It is instead exchanged for the employee’s right to sue his or her employer for the tort of negligence. Depending on jurisdiction‚ Workers Compensation can function as various types of insurance. Wages that is lost while recovering from an injury can be paid to the employee as
Premium