Executive compensation: accounting and economic issues

by Giroux, Gary A.

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Title Statements

Full title :Executive compensation : accounting and economic issues / Gary Giroux.

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 that compensation again became a major public policy issue subject to federal regulation. Executive Compensation focuses on the major topics related to executive compensation--present, past, and future. First, is understanding what executive compensation is, including composition and objectives of pay contracts. Second, how do specific compensation agreements affect corporate behavior and performance? Third, what are the major components, including how and what are accounted for and disclosed? How is compensation, especially executive compensation, accounted for--that is, what are the calculations and journal entries required? Fourth, what does historical analysis tell us about the topic, especially how contractual decisions have been made and what has worked. Finally, what is in store for the future--both expected compensation agreements and what the compensation incentives suggest for future corporate decisions on operations and accounting manipulation"--Provided by publisher

Edition Statements

Publication Date:©2015
Edition:First edition

Publication Statements

Publisher(s):Business Expert Press
Place of Publication:New York, NY
Language:eng
Publication Date:©2015

The Physical Object

Description:1 online resource (197 pages)

Edition Identifiers

ISBN:9781606498798, 1606498797
oclc:ocn898100936
LC Classification:KF1424.A75
Dewey Decimal:658.4072

1. Introduction to Executive Compensation -- 2. Compensation Basics -- 3. Accounting for Executive Pay -- 4. Historical Perspective on Executive Pay -- 5. Economic Theory -- 6. International Comparisons -- 7. 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.

Subjects

Agency Theory BUSINESS & ECONOMICS -- Industrial Mana… Business & Economics -- Management BUSINESS & ECONOMICS -- Management Scie… BUSINESS & ECONOMICS -- Organizational … compensation accounting Compensation management Deferred compensation -- Law and legisl… Deferred compensation -- Law and legisl… Economic Theory executive compensation Executives -- Salaries, etc Executives -- Salaries, etc. -- United … proxy statement and 10-k disclosure Salaires -- Gestion stock options/stock-based compensation United States