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An Introduction to Executive Compensation High quality books

An Introduction to Executive Compensation
By:Steven Balsam
Published on 2002 by Academic Press

General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason--executives need incentives in order to maximize firm value (economists call this |agency theory|)--it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), perquisites (reflecting the status of the executive within the organizational culture. This book is important because it takes the elements of an executive compensation package apart, analyzing them in the contexts of both economic theory and corporate practice and then explains how, under varying conditions, one might construct a compensation package that optimizes an executive's and a corporation's performance. Key Features * Presents an objective analysis of current executive compensation practices * Comprehensively reviews of academic literature and extant practice * Explains and illustrates the various components of the compensation package * Discusses the incentive, financial reporting, tax, political, equity, and firm value effects of those components

This Book was ranked at 15 by Google Books for keyword Financial compensation.

Book ID of An Introduction to Executive Compensation's Books is rPtyBasC6yoC, Book which was written bySteven Balsamhave ETAG "Tdiqr3n2aDM"

Book which was published by Academic Press since 2002 have ISBNs, ISBN 13 Code is 9780120771264 and ISBN 10 Code is 0120771268

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Book which have "387 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by 1 Raters and have average rate at "5.0"

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