Photosynthesis and Cellular Respiration notecards
what is the relationship between photosynthesis and cellular ..
We got what we asked for Bachelder: In trying to create independence between the CEO and board, you do not want to create an adversarial relationship Woolard: Compensation committees are really not independent Meyer: We need to tie the elements of executive compensation more closely to the organization’s mission and annual business performance and to long-term results England: Unfortunately options became just another form of currency, rather than an incentive to own shares
Quotes from “What’s Wrong with Executive Compensation,” (Elson, 2003) Roiter: If we turn to Congress or the courts to solve the problem with executive compensation, the cure may prove worse than the disease Roiter: I do think the answers lie in process changes Woolard: We need strong independent directors to hold CEOs’ feet to the fire, but they are hard to find; some of the few are stepping down to avoid the hassle Roiter: At least some executives are greedy, we have to assume that at least a fair segment of the CEO population will not exercise self-restraint Bachelder: We must be careful not to diminish the motivation for risk taking and entrepreneurship that drives so many leaders
The Relationship Between Photosynthesis & Cellular Respiration ..
What do you think it is." title="the institutions that design and monitor the rules used to make decisions in a firm, especially those involving compliance alternative: relationship among stakeholders that is used to determine and control the strategic direction and performance of organizations .">
Agency Theory can explain Focuses on the relationship between the principal and the agent the principal is the shareholder the agent is the firm’s management Principal tries to ensure that the agent acts in the principal’s interest through incentives and monitoring concern over separation of ownership and control control of the modern corporation passed from owners to managers because owners had become too dispersed for effective control (Berle and Means, 1932)
how are these disparate interests aligned?