Pay Without Performance

Pay Without Performance PDF Author: Lucian A. Bebchuk
Publisher: Harvard University Press
ISBN: 9780674020634
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.

United States Government Policy and Supporting Positions

United States Government Policy and Supporting Positions PDF Author: Us Congress
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 230

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Book Description
The Plum Book is published by the Senate Committee on Homeland Security and Governmental Affairs and House Committee on Oversight and Reform alternately after each Presidential election. The Plum Book is used to identify Presidential appointed and other positions within the Federal Government. The publication lists over 9,000 Federal civil service leadership and support positions in the legislative and executive branches of the Federal Government that may be subject to noncompetitive appointment. The duties of many such positions may involve advocacy of Administration policies and programs and the incumbents usually have a close and confidential working relationship with the agency head or other key officials. The Plum Book was first published in 1952 during the Eisenhower administration. When President Eisenhower took office, the Republican Party requested a list of government positions that President Eisenhower could fill. The next edition of the Plum Book appeared in 1960 and has since been published every four years, just after the Presidential election.

Executive Compensation in the Federal Government

Executive Compensation in the Federal Government PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : Executives
Languages : en
Pages : 52

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Book Description


Executive and Judicial Compensation in the Federal Government (Quadrennial Commission)

Executive and Judicial Compensation in the Federal Government (Quadrennial Commission) PDF Author: United States. Congress. House. Committee on Government Reform. Subcommittee on the Federal Workforce and Agency Organization
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

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Book Description


Guide to Senior Executive Service Qualifications

Guide to Senior Executive Service Qualifications PDF Author:
Publisher:
ISBN:
Category : Government executives
Languages : en
Pages : 36

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Book Description


Joan Garry's Guide to Nonprofit Leadership

Joan Garry's Guide to Nonprofit Leadership PDF Author: Joan Garry
Publisher: John Wiley & Sons
ISBN: 1119293065
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Nonprofit leadership is messy Nonprofits leaders are optimistic by nature. They believe with time, energy, smarts, strategy and sheer will, they can change the world. But as staff or board leader, you know nonprofits present unique challenges. Too many cooks, not enough money, an abundance of passion. It’s enough to make you feel overwhelmed and alone. The people you help need you to be successful. But there are so many obstacles: a micromanaging board that doesn’t understand its true role; insufficient fundraising and donors who make unreasonable demands; unclear and inconsistent messaging and marketing; a leader who’s a star in her sector but a difficult boss… And yet, many nonprofits do thrive. Joan Garry’s Guide to Nonprofit Leadership will show you how to do just that. Funny, honest, intensely actionable, and based on her decades of experience, this is the book Joan Garry wishes she had when she led GLAAD out of a financial crisis in 1997. Joan will teach you how to: Build a powerhouse board Create an impressive and sustainable fundraising program Become seen as a ‘workplace of choice’ Be a compelling public face of your nonprofit This book will renew your passion for your mission and organization, and help you make a bigger difference in the world.

Standards of Ethical Conduct for Employees of the Executive Branch

Standards of Ethical Conduct for Employees of the Executive Branch PDF Author: United States. Office of Government Ethics
Publisher:
ISBN:
Category : Civil service ethics
Languages : en
Pages : 0

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Book Description


Executive Compensation

Executive Compensation PDF Author: Steven Balsam
Publisher: Worldatwork
ISBN:
Category : Business & Economics
Languages : en
Pages : 556

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Federal Contract Compliance Manual

Federal Contract Compliance Manual PDF Author: United States. Office of Federal Contract Compliance Programs
Publisher:
ISBN:
Category : Discrimination in employment
Languages : en
Pages : 182

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Book Description


Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ...

Handy Reference Guide to the Fair Labor Standards Act (Federal Wage-hour Law) ... PDF Author: United States. Wage and Hour and Public Contracts Divisions
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

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Book Description