several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever
Premium Board of directors Management Principal-agent problem
When it comes to handling evidence‚ wearing latex gloves play a major role in that aspect. Contamination of any evidence can corrupt a scene to the point where it would let a criminal walk free. And as far as contamination goes‚ once evidence is contaminated it can’t be replaced of repaired‚ than it would not be admissible in court. When you use latex gloves it helps preserve the condition of the crime scene. Wearing those gloves protects the investigator from leaving any imprint of theirs at the
Premium Forensic evidence Fingerprint
Principal-agent problem is a particular game-theoretic description of a situation. There is a player called a principal‚ and one or more other players called agents with utility functions that are in some sense different from the principal’s. The principal can act more effectively through the agents than directly‚ and must construct incentive schemes to get them to behave at least partly according to the principal’s interests. The principal-agent problem is that of designing
Premium Principal-agent problem Voting Elections
unconstitutionally obtained evidence The exclusionary rule is the rule that defines the circumstances in which a court will exclude evidence on the grounds that it has been obtained in violation of the accused’s constitutional rights. Traditionally the common law did not have an exclusionary rule. The court allowed evidence to be admitted that had been obtained through the use of illegal means‚ for example‚ searching a dwelling without a search warrant‚ any evidence obtained is an illegal evidence‚ but this was
Free Supreme Court of the United States United States Constitution Exclusionary rule
Evidence-Based Practice Matrix of Ten Pieces of Primary Research on One Topic Related to Nursing Authors Dihle‚A.‚Bjolseth‚G.‚Hels eth‚S. WattWatson‚ J.‚Stevens‚B.‚ Garfinkel ‚P.‚Streiner‚D.‚ Gallop‚ R. Bostrom‚B.‚ Sandh‚M.‚ Lundberg‚D.‚ Fridlund‚ B. Chung‚J.‚ Lui‚J. Resource/Database Journal of Clinical Nursing Academic Search Complete Journal of Advanced Nursing Academic Search Complete Journal of Advanced Nursing Academic Search Complete Nursing and Health Sciences Academic Search Complete
Premium Qualitative research Pain Quantitative research
VALUATION OF SAS PROGRAM: FINANCE AND STRATEGIC MANAGEMENT FSM COPENHAGEN BUSINESS SCHOOL AUGUST 2010 NUMBER OF STANDARD PAGES: 117 NUMBER OF CHARACTERS: 264.684 AUTHORS: RASMUS STOUMANN JENSEN LARS PFEIFFER PETERSEN SUPERVISOR: CARSTEN KYHNAUV‚ EXTERNAL Valuation of SAS Executive Summary The aim of the thesis was to determine the fair value of the SAS stock as of June 11th 2010. SAS has received much attention in the media recently partly due to the poor financial performance in the
Premium Lufthansa
Use the information to identify at least five accounts for which you believe there is a concern about material misstatements. Use a format similar to the following: Account Balance Estimate of $ Amount of Potential Misstatement (with explanation) (5 Marks) Use the three divisional income statements located on Blackboard‚ in appendix 3 to prepare a common-size income statement for the three divisions for all three years. Use the information to identify at least three accounts
Premium Auditing Balance sheet Accounts receivable
purpose‚ intimate knowledge of the skills of staff and students and an understanding of the change that will need to occur to achieve the desired outcome. All principals want their school to have successful students. Like the fans of teams who second-guess a coaching decision‚ teachers have wondered about the decisions of some by principals‚ which leads to resistance. It’s an easy thing to do‚ to coach from the stands‚ but the reality of the game is much more complicated. A principal’s job is a lonely
Premium Knowledge management Education Teacher
The Principal as a Decision Maker. A school principal is an education administrator who oversees the day to day operations of the school. He or she offers instructional leadership to everyone in the school. These include the administrative staff‚ faculty and students. The role of a school principal is that of a guide to the students as well as a disciplinarian. There is much more to the position than that‚ however it is a complex job that offers numerous challenges‚ each day different from the day
Premium Decision making
INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
Premium Auditing Audit Internal audit