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Detail
ArtikelWhy Compensation Committees Need Your Help  
Oleh: Myers, Randy
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 194 no. 6 (Dec. 2002), page 65-76.
Topik: compensation; compensation; committees; help
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.15
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelCompanies have yet to solve the riddle of executive compensation - at least to the satisfaction of investors and legislators. Dismayed by reports of CEO s cashing in stock options worth millions of dollars amid a tumbling stock market and a rash of corporate scandals, Congress and financial market regulators have introduced new rules designed to make it harder for top executives at public companies to reap windfall profits at shareholders’ expense. Executive stock option programs - hailed in the 1990s as the best way to align the interests of executives with those of shareholders - face a growing public outcry. This new climate presents a raft of challenges for board members who serve on compensation committees and for the CPA s who advise them. Whether working in the finance department of a public company or acting as an outside consultant, CPA s are in a unique position to guide compensation committees in their role as corporate overseers and to help them design and implement pay packages more in line with shareholder interests.
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