Incentive compensation

This monograph provides a detailed account of what firms do in their R&D activities. In particular, using a unique survey of firms in Japan, we focus on the following four aspects of R&D management: the organizational structure of R&D, staged project management for R&D projects, compensation and incentive schemes for R&D personnel, and a firm’s risk preferences and corporate culture.

108p minhquan0690 19-09-2023 9 5   Download

Lecture Introduction to Business: Lesson 18. The main topics covered in this lesson include: individual incentives, collective incentives, compensation, equal employment opportunity (E.E.O), collective affairs of employees, classical theory of motivation, Fredrick Taylor’s theory of scientific management,...

14p alucardhellsing 30-04-2022 17 1   Download

Lecture Class #18: Employee stock options and valuation. After studying this section will help you understand: Employee stock options and valuation. Structure of management compensation contracts.

12p huangminghao_1902 27-02-2022 11 1   Download

The income from forest for local people, especial minority ethnic people is insufficient to fully compensate opportunity costs of forest management and thus, does not motivate the households to manage forest in a sustainable way. In a case study in Dinh Hoa district, we have undertaken a Participatory Rural Appraisal (PRA) exercise to understand the local social patterns and income structures that are decisive on developing an influencing incentive regime for natural forest protection.

10p huyetthienthan 23-11-2021 15 2   Download

This chapter presents the following content: Goals of a sales force reward system, the customer-product matrix, compensating salespeople, aligning pay with strategy, use of compensation plans, advantages of frequent vs. infrequent incentive payments,...

31p koxih_kothogmih7 29-09-2020 31 1   Download

In this paper the principal-agent models between the investor and the manager of the open-ended fund are made from the new view about the liquidity risk management, and the optimal contracts and optimal policies are obtained in closed form by solving these modes.

14p 035522894 13-04-2020 17 2   Download

Equity-based compensation, Directors’ and officers’ liability insurance coverage, Earnings management This study investigates how managers’ compensation incentives, as measured by equity-based executive compensation and managerial legal liability coverage affect earnings management. The availability of compensation may encourage managers to adopt more aggressive accounting practices; however, the higher the legal liability managers face, the more it will reduce their willingness to engage in such risk-taking behavior.

27p cothumenhmong4 24-03-2020 17 2   Download

With the increasing emphasis on environmental protection in the global economy, CEOs are under immense pressure from their stakeholders to improve corporate social responsibility (CSR). However, prior studies have contradictory conclusions about the relationship between CSR and financial performance (FP). We thus extend prior research by investigating whether CEO compensation moderates the CSR-FP link. This study uses US firm data from the KLD database for the period 2003-2011.

17p trinhthamhodang2 21-01-2020 52 1   Download

This study provide an empirical study investigating the relation between executive compensation, ownership structure, and financial firm performance for Chinese publically listed firms. The empirical results reveal that executive compensation in China financial firms has increased remarkably after its privatization reform. Both board characteristics and ownership structure have a strong influence on executive incentive compensations after controlling for standard economic factors.

17p trinhthamhodang2 21-01-2020 27 1   Download

Chapter 12 discusses issues in design and use of management performance evaluation and incentive plans to motivate managers to act in the organization’s best interests. Good performance evaluation and incentive plans induce “win-win” results if they avoid incentives for fraudulent financial reporting.

25p cutyhn 15-05-2017 51 1   Download

(bq) part 1 book "strategic compensation - a human resource management approach" has contents: strategic compensation, contextual influences on compensation practice, traditional bases for pay, incentive pay, building internally consistent compensation systems,...and other contents.

222p bautroibinhyen27 11-05-2017 68 9   Download

(bq) part 2 book "human resource management" hass contents: performance management and appraisal, performance management and appraisal, incentive plans and executive compensation, managing employee benefits, risk management and worker protection,...and other contents.

312p bautroibinhyen27 11-05-2017 66 10   Download

Chapter 7 - The role of financial information in contracting. In this chapter you will learn: What conflicts of interest arise between managers and shareholders, lenders, or regulators; how and why accounting numbers are used in debt agreements, in compensation contracts, and for regulatory purposes; how managerial incentives are influenced by accounting-based contracts and regulations;...

29p nhanmotchut_5 02-11-2016 48 2   Download

Mutual funds are one of the several options that investors explore for investing surplus funds. In a deposit-dominated market like India it is important for mutual funds to be able to offer differentiated risk-rewards and gain shelf-space. With many seemingly similar offerings from multiple mutual funds unable to clearly communicate their superiority, a less informed investor may find it difficult to make a choice. This uncertainty leads to a weakened ‘pull’ for the product.

0p hongphuocidol 04-04-2013 58 8   Download

It must be noted that on 12 July 2010 the Commission proposed the extension of investor compensation schemes to cover investors in UCITS. The amendments to Directive 97/9/EC aimed to cover situations where a depositary is liable for the loss of assets of UCITS but is not able to cover its liabilities. This should serve as an additional means to increase the protection for investors in UCITS. However, at this stage this proposal has not been accepted by the Council and is subject to further negotiations.

40p khanhchilam 29-03-2013 60 9   Download

This briefing identifies policy questions related to compensating service members and their survivors for fatality risk. After comparing patterns in the characteristics of combat fatalities with those of fatalities occurring in other contexts, it discusses the Department of Defense's current compensation programs.

1p anhnangmuahe2013 12-03-2013 33 1   Download

Other additional compensation  is comprised of  retroactive payments, one‐time payments  (i.e.,  those made annually in a lump sum, such as grievance awards, attendance incentives, uniform  allowances  and  lump  sum merit  increases),  and miscellaneous  payments  such  as  short  term  disability payments.  The health  related benefit  costs per employee  (excluding  retirees) were $23,380  (for detail  see  Table  15).   Pension,  OPEB,  and  other  benefits  combined  to  approximately  $14,264  (active  employee  estimate,  assuming  same  costs  per  active  vs.  per  retired).

60p tay_thi_le 19-02-2013 49 3   Download

Performance measures other than earnings are also used in contracts, particularly in compensation contracts. For example, approximately 20% of bonus determination is based on individual and nonfinancial measures such as product quality (see Holthausen, Larcker and Sloan, 1995, p. 36). And stock-price-based compensation (e.g. stock option plans) is also used to incent managers. To that extent, one wouldn't expect earnings to necessarily have all the characteristics of an ideal performance measure for compensation purposes.

34p bin_pham 06-02-2013 49 7   Download

Another argument why public capital markets can create incentives to reduce the informativeness of earnings in specific situations is based on earnings targets. Beatty et al. (2002) argue that small investors in stock markets are more likely to rely on simple heuristics such as earnings targets than fairly sophisticated private investors (e.g., banks), which makes public firms more likely to engage in earnings management to exceed targets. Similarly, public firms may manage earnings to meet or beat capital market expectations as expressed in analyst forecasts.

66p bin_pham 06-02-2013 48 5   Download

.This product is part of the RAND Corporation technical report series. Reports may include research findings on a specific topic that is limited in scope; present discussions of the methodology employed in research; provide literature reviews, survey instruments, modeling exercises, guidelines for practitioners and research professionals, and supporting documentation; or deliver preliminary findings. All RAND reports undergo rigorous peer review to ensure that they meet high standards for research quality and objectivity....

0p xuancoem 01-02-2013 45 1   Download