Crisis and Compensation
Author: Kent E. Calder
Publisher: Princeton University Press
Published: 1988
Total Pages: 584
ISBN-13: 9780691023380
DOWNLOAD EBOOKAn analysis of nonindustrial domestic policies in post-war Japan.
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Circles of Compensation
Author: Kent E. Calder
Publisher: Stanford University Press
Published: 2017-08-01
Total Pages: 411
ISBN-13: 150360294X
DOWNLOAD EBOOKJapan grew explosively and consistently for more than a century, from the Meiji Restoration until the collapse of the economic bubble in the early 1990s. Since then, it has been unable to restart its economic engine and respond to globalization. How could the same political–economic system produce such strongly contrasting outcomes? This book identifies the crucial variables as classic Japanese forms of socio-political organization: the "circles of compensation." These cooperative groupings of economic, political, and bureaucratic interests dictate corporate and individual responses to such critical issues as investment and innovation; at the micro level, they explain why individuals can be decidedly cautious on their own, yet prone to risk-taking as a collective. Kent E. Calder examines how these circles operate in seven concrete areas, from food supply to consumer electronics, and deals in special detail with the influence of Japan's changing financial system. The result is a comprehensive overview of Japan's circles of compensation as they stand today, and a road map for broadening them in the future.
Who Gets What
Author: Kenneth R. Feinberg
Publisher: PublicAffairs
Published: 2012-06-26
Total Pages: 242
ISBN-13: 1610390768
DOWNLOAD EBOOKAgent Orange, the 9/11 Victim Compensation Fund, the Virginia Tech massacre, the 2008 financial crisis, and the Deep Horizon gulf oil spill: each was a disaster in its own right. What they had in common was their aftermath -- each required compensation for lives lost, bodies maimed, livelihoods wrecked, economies and ecosystems upended. In each instance, an objective third party had to step up and dole out allocated funds: in each instance, Presidents, Attorneys General, and other public officials have asked Kenneth R. Feinberg to get the job done. In Who Gets What?, Feinberg reveals the deep thought that must go into each decision, not to mention the most important question that arises after a tragedy: why compensate at all? The result is a remarkably accessible discussion of the practical and philosophical problems of using money as a way to address wrongs and reflect individual worth.
The Compensation Bureau
Author: Ariel Dorfman
Publisher: OR Books
Published: 2021-07
Total Pages: 112
ISBN-13: 9781682195000
DOWNLOAD EBOOK"I have created for each of you a fate, one tailored specifically for your needs and desires. Each of you has a defining moment--not before, not after--when a wrong turn or decision led to the disastrous outcome that you and I mourn. To isolate that malignant moment is an exacting, exhaustive process, which only the most well-trained and competent professionals, armed with the most sophisticated of predictive models and processing power, can accomplish. You can put your trust in me, as you would in an expert surgeon, a surgeon of the soul." On a distant planet overlooking Earth, the nameless protagonist of The Compensation Bureau is one of a team of Actuaries at work on the innovative Lazarus Project. Conceived in response to the shocking violence observed in humankind, the project identifies people who have wrongfully died at the hands of others--whether victims of war, hate crimes, or random brutality--and attempts to compensate for the cruelty and pain they faced in life and death. But balancing the accounts for the sufferings and wrongdoings of humanity proves hardly a clinical exercise. The Actuary soon finds himself personally invested in the project's mission, and the goals of the project itself are complicated as the fate of Earth's inhabitants becomes more uncertain. The Compensation Bureau explores the power of individual and collective action, from a writer hailed by The Washington Post as "a world-novelist of the first category."
Too Much Is Not Enough
Author: Robert W. Kolb
Publisher: Oxford University Press
Published: 2012-08-02
Total Pages: 428
ISBN-13: 0199977127
DOWNLOAD EBOOKThe scholarly literature on executive compensation is vast. As such, this literature provides an unparalleled resource for studying the interaction between the setting of incentives (or the attempted setting of incentives) and the behavior that is actually adduced. From this literature, there are several reasons for believing that one can set incentives in executive compensation with a high rate of success in guiding CEO behavior, and one might expect CEO compensation to be a textbook example of the successful use of incentives. Also, as executive compensation has been studied intensively in the academic literature, we might also expect the success of incentive compensation to be well-documented. Historically, however, this has been very far from the case. In Too Much Is Not Enough, Robert W. Kolb studies the performance of incentives in executive compensation across many dimensions of CEO performance. The book begins with an overview of incentives and unintended consequences. Then it focuses on the theory of incentives as applied to compensation generally, and as applied to executive compensation particularly. Subsequent chapters explore different facets of executive compensation and assess the evidence on how well incentive compensation performs in each arena. The book concludes with a final chapter that provides an overall assessment of the value of incentives in guiding executive behavior. In it, Kolb argues that incentive compensation for executives is so problematic and so prone to error that the social value of giving huge incentive compensation packages is likely to be negative on balance. In focusing on incentives, the book provides a much sought-after resource, for while there are a number of books on executive compensation, none focuses specifically on incentives. Given the recent fervor over executive compensation, this unique but logical perspective will garner much interest. And while the literature being considered and evaluated is technical, the book is written in a non-mathematical way accessible to any college-educated reader.
Pay Without Performance
Author: Lucian A. Bebchuk
Publisher: Harvard University Press
Published: 2004
Total Pages: 308
ISBN-13: 9780674020634
DOWNLOAD EBOOKThe 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.
CEO Pay and the Mortgage Crisis
Author: United States. Congress. House. Committee on Oversight and Government Reform
Publisher:
Published: 2008
Total Pages: 332
ISBN-13:
DOWNLOAD EBOOKExtension of the Emergency Unemployment Compensation Program
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Human Resources
Publisher:
Published: 1992
Total Pages: 112
ISBN-13:
DOWNLOAD EBOOKDistributed to some depository libraries in microfiche.
The Financial Crisis Inquiry Report
Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
Published: 2011-05-01
Total Pages: 692
ISBN-13: 1616405414
DOWNLOAD EBOOKThe Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Compensation Plans for Law Firms
Author: James D. Cotterman
Publisher: American Bar Association
Published: 2010
Total Pages: 196
ISBN-13: 9781604428193
DOWNLOAD EBOOKThis newly updated fifth edition of Compensation Plans for Law Firms examines the continually evolving compensation landscape and the concepts that will affect your law firm most. You'll take an extensive look at the world of law firm compensation, including: -- Compensation theory --The art and science of compensation -- Partner and shareholder compensation -- Of Counsel compensation -- Associate Compensation -- Paralegal compensation --Staff Compensation -- Bonuses, increases, and incentives -- Debt, taxes, retirement, and withdrawal -- Evaluations, fairness and flexibility --And much more! Learn Where Your Firm Stands The book also features valuable data from the leading legal consulting firm Altman Weil's annual and triennial surveys on law firm performance and compensation, retirement and withdrawal and compensation systems. Charts and graphs help you see where your firm stands on salaries and bonuses, and it gives you detailed analyses of compensation plans for everyone in your firm. Compare your compensation system to law firms across the country. This one volume provides you with your primary research source leading you to auxiliary sources for further information as appropriate. They can support your current compensation system, or help you reevaluate your current methods of compensation. Careful advance consideration is essential to the success of your compensation plan. Using this valuable reference you can develop a compensation plan that conveys fairness, simplicity, and flexibility and strike the perfect balance within your firm.
