Executive compensation : accounting and economic issues / Gary Giroux.

Format:

Book

Author/Creator:

Giroux, Gary A., author.

Series:

2014 digital library.

Financial accounting and auditing collection. 2151-2817

Financial accounting and auditing collection, 2151-2817

Language:

English

Subjects (All):

Executives--Salaries, etc.

Executives.

Physical Description:

1 online resource (212 p.)

Edition:

First edition.

Place of Publication:

New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015.

Language Note:

English

Summary:

The chief executive officer (CEO) of a corporation and his or her executive team are responsible for the management of the business and its continued operating and financial success. The CEO and executive team are almost always highly compensated and the relative total compensation has mushroomed over time. Most of the compensation now is designed to be performance-based, but leading to charges that executives have incentives to manipulate corporate earnings and stock price in the short-term for their own self interests. The compensation at some companies became so egregious (Enron and other tech-bubble failures or Citigroup and other banks during the subprime meltdown) that compensation again became a major public policy issue subject to federal regulation. (Popular outrage and calls for government action against well-paid CEOs has been common at least since the 1930s.)

Contents:

Introduction to executive compensation

Compensation basics

Accounting for executive pay

Historical perspective on executive pay

Economic theory

International comparisons

The future of executive compensation

Appendix 1. Microsoft proxy disclosures, 2013

Appendix 2. Microsoft 10-K stock compensation disclosures, 2013

Appendix 3. Pfizer 10-K disclosures, 2012

Timeline

Glossary

Notes

References

Index.

Notes:

Part of: 2014 digital library.

Includes bibliographical references (pages 187-190) and index.

Title from PDF title page (viewed on December 21, 2014).

ISBN:

9781606498798

1606498797

OCLC:

898491933