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(PDF) An Overview of Corporate Governance

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Added on  2021-04-24

(PDF) An Overview of Corporate Governance

   Added on 2021-04-24

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Running Head: Corporate Governance1Corporate Governance
(PDF) An Overview of Corporate Governance_1
Corporate governance2Executive summary:From number of years, compensation given to the executives in the form of basic salary, bonus, stock options, restrictions share plans, pensions, and other benefits, was considered as big controversial subject. This subject attracted the attention of the regulators, media, and academics.Their criticism include different forms of concerns related to the executive pay, relationship withthe performance of the employee, failure related to the executive pay setting to stop this managerial excess. In the area of corporate governance, topic related to the executive remuneration is popular.
(PDF) An Overview of Corporate Governance_2
Corporate governance3Contents2Introduction:...............................................................................................................................................4Executive Remuneration:............................................................................................................................4Corporate Governance and executive remuneration:.................................................................................5Agency theory & executive remuneration:..............................................................................................5Executive Remuneration and Company Performance:............................................................................6Causes for organizations failure to align the executive remuneration:...................................................7Conclusion:..................................................................................................................................................9References:................................................................................................................................................10
(PDF) An Overview of Corporate Governance_3
Corporate governance4Introduction:From last few years, executive remuneration was considered as highly controversial subject which not only attract the attention of the public, but also attract the attention of the regulators, media, etc. (Clarke & Branson, 2012). Curiosity related to pay packages of the executives is developing across the globe (Clark and Schor, 2008).Interest of the public in context of corporate governance increases because of the high profile failures of organization, and some of these failures have devastating impact on the general public. Even though remunerations paid to the executives as a mechanism of corporate governance has been used for the purpose of solving agency problems, it itself becomes an issue related to the corporate governance. This paper provides a brief description related to the executive remuneration’s components and theoretical perspectives. This paper discusses relationship between the compensation of executives and performance of the company. Further it discusses the causes because of which organization fails to align the remuneration of executives with the objectives of the company. Lastly, paper is concluded with brief conclusion which states key facts of the report. Executive Remuneration:Productivity commission of Australian government (2009) study stated that from the period of 1990s to 2007, there was strong growth in context of compensation paid to executives and also occurrence of large payments to the executives of the organization, even though performance of the company was poor, and this increases the concern of the community that remunerations paid
(PDF) An Overview of Corporate Governance_4

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