Pay for performance: corporate executive compensation in the 1990s
Article Abstract:
Actions taken by the federal government to promote corporate accountability for excessive executive compensation will promote the ability to shareholders to bring management performance in line with long-term investment goals. The Internal Revenue code places caps on deductions for executive compensation not linked to performance. The Financial Accounting Standards Board has revised its treatment of stock options granted as compensation. The Securities and Exchange Commission is requiring certain corporations to subject compensation plans to shareholder approval.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
How the marketplace fosters business honesty
Article Abstract:
Businesses use a variety of tactics to make honesty more profitable than dishonesty because honesty generates more and better business in the long run. Thus they invest heavily in building a reputation, often symbolized by an expensive logo. They try to demonstrate their commitment to remaining in business. In effect, they create publicly held hostages to their own ethical and honest practices. The government cannot effectively replace this role, as politicians are inherently less vulnerable than businesspeople.
Publication Name: Business and Society Review
Subject: Law
ISSN: 0045-3609
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Shareholders, nonshareholders and corporate law: communitarianism and resource allocation
Article Abstract:
Communitarian-minded proponents of nonshareholder constituency statutes erroneously assume that there are greater social and consumer benefits in treating corporations as public, instead of private, entities. Such statutes, by demanding that corporate officers consider the effect of corporate action on members outside the investor class, ignore the demands of a market economy, specifically the need to attract and pool investment capital, and the need to facilitate private contractual relations.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Habeas corpus, executive detention, and the removal of aliens. Immigration law and the promise of critical race theory: opening the academy to the voices of aliens and immigrants
- Abstracts: Codetermination and corporate governance in a multinational business enterprise. Corporate governance in America 1950-2000: major changes but uncertain benefits
- Abstracts: Economics, academia, and corporate money: justice for sale in America. Economics, academia, and corporate money in America: the 'law and economics' movement
- Abstracts: Bring free trade home. Unemployment compensation: the case for a free market alternative
- Abstracts: San Francisco Bay Area boatyards: a case study in regulating small polluters. Ecological disaster area: the Chernobyl case study