1.

Record Nr.

UNINA9910786820903321

Autore

Dorff Michael <1970->

Titolo

Indispensable and other myths : why the CEO pay experiment failed and how to fix it / / Michael Dorff

Pubbl/distr/stampa

Berkeley, California ; ; Los Angeles, California ; ; London : , : University of California Press, , 2014

©2014

ISBN

0-520-95859-4

Descrizione fisica

1 online resource (327 p.)

Disciplina

658.4/072

Soggetti

Chief executive officers - Salaries, etc

Executives - Salaries, etc - United States

Compensation management - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Front matter -- Contents -- Acknowledgments -- 1. Introduction -- 2. The Puzzles of CEO Compensation -- 3. The Corporate Personality Myth -- 4. Market Mythology -- 5. Incentives Mythology -- 6. Performance Pay Mythology -- 7. Causation Mythology -- 8. Predictability Mythology -- 9. Alignment Mythology -- 10. Moving Forward -- Notes -- Index

Sommario/riassunto

Prodded by economists in the 1970's, corporate directors began adding stock options and bonuses to the already-generous salaries of CEO's with hopes of boosting their companies' fortunes. Guided by largely unproven assumptions, this trend continues today. So what are companies getting in return for all the extra money? Not much, according to the empirical data. In Indispensable and Other Myths: Why the CEO Pay Experiment Failed and How to Fix It, Michael Dorff explores the consequences of this development. He shows how performance pay has not demonstrably improved corporate performance and offers studies showing that performance pay cannot improve performance on the kind of tasks companies ask of their CEO's. Moreover, CEO's of large established companies do not typically have much impact on their companies' results. In this eye-opening exposé, Dorff argues that companies should give up on the decades-



long experiment to mold compensation into a corporate governance tool and maps out a rationale for returning to the era of guaranteed salaries.

2.

Record Nr.

UNINA9910557466003321

Autore

Nowak Maciej J

Titolo

The Legal, Administrative and Managing Framework for Spatial Policy, Planning and Land-Use. Interdependence, Barriers and Directions of Change

Pubbl/distr/stampa

Basel, Switzerland, : MDPI - Multidisciplinary Digital Publishing Institute, 2021

Descrizione fisica

1 online resource (288 p.)

Soggetti

Peace studies & conflict resolution

Peace studies and conflict resolution

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

The book aims to explore the legal and administrative aspects of spatial governance and the challenges that their interaction entails. It does this through a number of chapters focusing on case studies located in different geographical areas of Europe and beyond. By doing this, the editors shed light on a set of challenges that emerge around the world at the intersection between the legal and administrative spheres during the governance and planning of territorial phenomena. The issues addressed in the various chapters highlight how spatial planning activities continue to face serious challenges that have not yet been satisfactorily addressed. In more detail, a correlation emerges between the legal regulations that allow and shape spatial-planning activities and the socio-economic and territorial challenges that those activities should tackle. This is often a consequence of the path-dependent influence of the traditional administrative and spatial planning configuration, which presents an inertial resistance to change



that is hard to overcome. A similar situation arises concerning the mismatch between the boundaries of the existing administrative units and the extent of territorial phenomena, with a system of judicial-territorial administration that does not always coincide with the boundaries of the fundamental administrative division of a country, leading to an overall deterioration of the conditions in which all actors involved in spatial development operate.