Indispensable and Other Myths

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Publisher : Univ of California Press
ISBN 13 : 0520958594
Total Pages : 327 pages
Book Rating : 4.5/5 (29 download)

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Book Synopsis Indispensable and Other Myths by : Michael Dorff

Download or read book Indispensable and Other Myths written by Michael Dorff and published by Univ of California Press. This book was released on 2014-08-01 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs 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 CEOs. Moreover, CEOs 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.

INDISPENSABLE AND OTHER MYTHS: WHY THE CEO PAY EXPERIMENT FAILED AND HOW TO FIX IT.

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (123 download)

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Book Synopsis INDISPENSABLE AND OTHER MYTHS: WHY THE CEO PAY EXPERIMENT FAILED AND HOW TO FIX IT. by : Michael B. Dorff

Download or read book INDISPENSABLE AND OTHER MYTHS: WHY THE CEO PAY EXPERIMENT FAILED AND HOW TO FIX IT. written by Michael B. Dorff and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Indispensable and Other Myths

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Author :
Publisher : Univ of California Press
ISBN 13 : 0520281012
Total Pages : 326 pages
Book Rating : 4.5/5 (22 download)

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Book Synopsis Indispensable and Other Myths by : Michael Dorff

Download or read book Indispensable and Other Myths written by Michael Dorff and published by Univ of California Press. This book was released on 2014-08-01 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs with hopes of boosting their companiesÕ 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 CEOs. Moreover, CEOs of large established companies do not typically have much impact on their companiesÕ results. In this eye-opening exposŽ, 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.

Transform: A rebel’s guide for digital transformation

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Author :
Publisher : Lulu.com
ISBN 13 : 1782807381
Total Pages : 210 pages
Book Rating : 4.7/5 (828 download)

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Book Synopsis Transform: A rebel’s guide for digital transformation by : Gerry McGovern

Download or read book Transform: A rebel’s guide for digital transformation written by Gerry McGovern and published by Lulu.com. This book was released on 2016 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Are you an optimist? Are you a rebel? Do you think that because of digital technology, power is shifting away from organizations towards citizens and customers? Are you a digital change agent? Do you want to transform your organization? Then this book is here to help you"--Back cover.

Rethinc

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Publisher : Random House India
ISBN 13 : 8184006985
Total Pages : 312 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Rethinc by : T T Ram Mohan

Download or read book Rethinc written by T T Ram Mohan and published by Random House India. This book was released on 2016-07-27 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporations are crucial to society’s well-being. Yet, not many have chosen to adapt themselves to the expectations of employees and the society at large. Prof. Ram Mohan identifies the three main problems that ail companies and illustrates the ways in which these can be combated. Most companies are still run from the top and make very little attempt to involve employees at the lower levels in decision-making. Executive compensation has spiralled steeply in recent years because the process of determining it is seriously flawed. Boards of directors are ineffective and have abetted the cult of the charismatic CEO who is expected to work wonders. Rethinc contends that the solution lies in the near-total dismantling of hierarchy or the creation of a ‘bossless’ organization. In such an organization, the structure is flat, employees operate through self-driven teams, there is peer review, power rests on one’s contribution and not one’s title and the organizational purpose goes beyond the making of profit, and several other features. Once all this is done we will have an achieving organization that is also a humane organization—in which the employees are raring to get to work every day.

People, Power, and Profits: Progressive Capitalism for an Age of Discontent

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Publisher : W. W. Norton & Company
ISBN 13 : 1324004223
Total Pages : 366 pages
Book Rating : 4.3/5 (24 download)

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Book Synopsis People, Power, and Profits: Progressive Capitalism for an Age of Discontent by : Joseph E. Stiglitz

Download or read book People, Power, and Profits: Progressive Capitalism for an Age of Discontent written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2019-04-23 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Nobel prize winner challenges us to throw off the free market fundamentalists and reclaim our economy. We all have the sense that the American economy—and its government—tilts toward big business, but as Joseph E. Stiglitz explains in his new book, People, Power, and Profits, the situation is dire. A few corporations have come to dominate entire sectors of the economy, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and our government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn’t done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and of increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of America’s economic might and its democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for us—the U.S. citizens—and not the other way around. If enough citizens rally behind the agenda for change outlined in this book, it may not be too late to create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a middle-class life can once again be attainable by all. An authoritative account of the predictable dangers of free market fundamentalism and the foundations of progressive capitalism, People, Power, and Profits shows us an America in crisis, but also lights a path through this challenging time.

The Routledge Companion to Reward Management

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Publisher : Routledge
ISBN 13 : 1351865862
Total Pages : 436 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis The Routledge Companion to Reward Management by : Stephen J. Perkins

Download or read book The Routledge Companion to Reward Management written by Stephen J. Perkins and published by Routledge. This book was released on 2018-11-14 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge Companion to Reward Management provides a prestige reference work and a state-of-the-art compilation, mapping out contemporary developments and debates on rewarding people in employment, and how they relate to business, corporate governance and management. Reward management stands at the interdisciplinary interface between economics, industrial relations and HRM, industrial psychology and organisational sociology, and increasingly corporate governance incorporating debates around equity and fairness in and around the employment relationship and wider capital-labour relations. In recent years, trade union decline and widening differentials between those employed at the top of organisations have generated critical commentary in the popular media which can negatively impact on social cohesion. Theoretically underpinned but practically oriented, this Companion will synthesise these trends and controversies around issues while tracing conceptual and empirical provenance, currency and future prospects. It will be an invaluable resource for student and researchers in reward management, corporate governance, management and HRM seeking convenient access to an area which is highly complex and controversial in application.

The Evolution of Economic Wellbeing

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Publisher : Routledge
ISBN 13 : 0429949707
Total Pages : 280 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Evolution of Economic Wellbeing by : Zuhayr Mikdashi

Download or read book The Evolution of Economic Wellbeing written by Zuhayr Mikdashi and published by Routledge. This book was released on 2018-12-19 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout history, humans have sought to enhance their wellbeing across various domains. Though the spectrum of factors responsible for wellbeing has widened considerably and advances have been realized in scientific-technological fields, significant failures have been encountered in establishing peaceful relations among various communities, and the natural environment has been degraded inconsiderately by humans since the Industrial Revolution. This book identifies the key factors that influence changes in wellbeing – both positively and negatively – within a framework of socio-economic globalization, instantaneous interconnectedness, and rising environmental risks. These 'clusters of progress' comprise essentially the following seven areas: bolstering peace and security; respecting universal fundamental values; satisfying personal and social basic needs; expanding knowledge and managerial-technological skills; promoting arts and culture; husbanding natural resources and protecting the environment; and concerting actions for the global common good. The term 'progress' is used here to mean an all-embracing sustainable advancement towards desirable goals (be they material or non-material), offering higher levels of wellbeing to individuals and to society at large, compared to previous or current conditions. In unravelling the 'progress conundrum', the author draws on his own original research and field work experiences which dovetail with those of other scholars by complementing their findings and/or by offering different appraisals. The author adopts an inter-disciplinary approach that overcomes the 'silo-like compartmentalization' of fields of study. The said approach enables us to reach a better understanding of the complex reality of progress (or regression) in various domains.

Saving Capitalism

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Publisher : Knopf
ISBN 13 : 0385350570
Total Pages : 306 pages
Book Rating : 4.3/5 (853 download)

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Book Synopsis Saving Capitalism by : Robert B. Reich

Download or read book Saving Capitalism written by Robert B. Reich and published by Knopf. This book was released on 2015 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines how the American economic system is failing, with increasing income inequality and a shrinking middle class, and reveals how a market designed for broad prosperity can reverse the trend toward diminished opportunity. --Publisher.

Reconstructing the Corporation

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Publisher : Cambridge University Press
ISBN 13 : 1108916198
Total Pages : 289 pages
Book Rating : 4.1/5 (89 download)

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Book Synopsis Reconstructing the Corporation by : Grant M. Hayden

Download or read book Reconstructing the Corporation written by Grant M. Hayden and published by Cambridge University Press. This book was released on 2021-03-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern corporations contribute to a wide range of contemporary problems, including income inequality, global warming, and the influence of money in politics. Their relentless pursuit of profits, though, is the natural outcome of the doctrine of shareholder primacy. As the consensus around this doctrine crumbles, it has become increasingly clear that the prerogatives of corporate governance have been improperly limited to shareholders. It is time to examine shareholder primacy and its attendant governance features anew, and reorient the literature around the basic purpose of corporations. This book critically examines the current state of corporate governance law and provides decisive rebuttals to longstanding arguments for the exclusive shareholder franchise. Reconstructing the Corporation presents a new model of corporate governance - one that builds on the theory of the firm as well as a novel theory of democratic participation - to support the extension of the corporate franchise to employees.

Corporate Governance

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Publisher : Oxford University Press, USA
ISBN 13 : 0198702752
Total Pages : 541 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Corporate Governance by : Robert Ian Tricker

Download or read book Corporate Governance written by Robert Ian Tricker and published by Oxford University Press, USA. This book was released on 2015 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides an authoritative analysis of the codes and company laws regulating international corporate organizations. The book equips the reader with an understanding of corporate governance theory and investigates how the financial crisis continues to shape real-world policy and practice.

Corporate Governance

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Publisher : Oxford University Press, USA
ISBN 13 : 0198809867
Total Pages : 565 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Corporate Governance by : Bob Tricker

Download or read book Corporate Governance written by Bob Tricker and published by Oxford University Press, USA. This book was released on 2019 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most authoritative, complete, and critical guide to corporate governance.

Hijacked

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Publisher : Cambridge University Press
ISBN 13 : 1009275402
Total Pages : 389 pages
Book Rating : 4.0/5 (92 download)

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Book Synopsis Hijacked by : Elizabeth Anderson

Download or read book Hijacked written by Elizabeth Anderson and published by Cambridge University Press. This book was released on 2023-09-21 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is the work ethic? Does it justify policies that promote the wealth and power of the One Percent at workers' expense? Or does it advance policies that promote workers' dignity and standing? Hijacked explores how the history of political economy has been a contest between these two ideas about whom the work ethic is supposed to serve. Today's neoliberal ideology deploys the work ethic on behalf of the One Percent. However, workers and their advocates have long used the work ethic on behalf of ordinary people. By exposing the ideological roots of contemporary neoliberalism as a perversion of the seventeenth-century Protestant work ethic, Elizabeth Anderson shows how we can reclaim the original goals of the work ethic, and uplift ourselves again. Hijacked persuasively and powerfully demonstrates how ideas inspired by the work ethic informed debates among leading political economists of the past, and how these ideas can help us today.

The Six New Rules of Business

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Publisher : Berrett-Koehler Publishers
ISBN 13 : 1523089970
Total Pages : 217 pages
Book Rating : 4.5/5 (23 download)

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Book Synopsis The Six New Rules of Business by : Judy Samuelson

Download or read book The Six New Rules of Business written by Judy Samuelson and published by Berrett-Koehler Publishers. This book was released on 2021-01-12 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rules of business are changing dramatically. The Aspen Institute's Judy Samuelson describes the profound shifts in attitudes and mindsets that are redefining our notions of what constitutes business success. Dynamic forces are conspiring to clarify the new rules of real value creation—and to put the old rules to rest. Internet-powered transparency, more powerful worker voice, the decline in importance of capital, and the complexity of global supply chains in the face of planetary limits all define the new landscape. As executive director of the Aspen Institute Business and Society Program, Judy Samuelson has a unique vantage point from which to engage business decision makers and identify the forces that are moving the needle in both boardrooms and business classrooms. Samuelson lays out how hard-to-measure intangibles like reputation, trust, and loyalty are imposing new ways to assess risk and opportunity in investment and asset management. She argues that “maximizing shareholder value” has never been the sole objective of effective businesses while observing that shareholder theory and the practices that keep it in place continue to lose power in both business and the public square. In our globalized era, she demonstrates how expectations of corporations are set far beyond the company gates—and why employees are both the best allies of the business and the new accountability mechanism, more so than consumers or investors. Samuelson's new rules offer a powerful guide to how businesses are changing today—and what is needed to succeed in tomorrow's economic and social landscape.

Ethical Business Practice and Regulation

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Publisher : Bloomsbury Publishing
ISBN 13 : 1509916385
Total Pages : 353 pages
Book Rating : 4.5/5 (99 download)

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Book Synopsis Ethical Business Practice and Regulation by : Christopher Hodges

Download or read book Ethical Business Practice and Regulation written by Christopher Hodges and published by Bloomsbury Publishing. This book was released on 2018-01-11 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the concepts of Ethical Business Practice (EBP) and Ethical Business Regulation (EBR), a new paradigm in compliance and enforcement based on behavioural science and ethics. EBR provides the basis for an effective relationship between a business and its regulators, resulting in better outcomes for both. EBR is attracting extensive attention from regulators and businesses around the world. The UK Government's 2017 Regulatory Futures Review draws on EBR as the foundation for its policy of 'regulatory self-assurance'. EBR draws on findings from behavioural science, responsive regulation, safety and business and integrity management to create a practical and holistic approach. Examples include the open culture that is essential for civil aviation safety, the Primary Authority agreements between regulators and national businesses, and feedback mechanisms provided by market vigilance systems and sectoral consumer ombudsmen. This book provides an essential blueprint for sustainable business and effective future regulation.

The Power Paradox

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Publisher : Penguin
ISBN 13 : 0143110292
Total Pages : 209 pages
Book Rating : 4.1/5 (431 download)

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Book Synopsis The Power Paradox by : Dacher Keltner

Download or read book The Power Paradox written by Dacher Keltner and published by Penguin. This book was released on 2017-05-16 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revolutionary and timely reconsideration of everything we know about power. Celebrated UC Berkeley psychologist Dr. Dacher Keltner argues that compassion and selflessness enable us to have the most influence over others and the result is power as a force for good in the world. Power is ubiquitous—but totally misunderstood. Turning conventional wisdom on its head, Dr. Dacher Keltner presents the very idea of power in a whole new light, demonstrating not just how it is a force for good in the world, but how—via compassion and selflessness—it is attainable for each and every one of us. It is taken for granted that power corrupts. This is reinforced culturally by everything from Machiavelli to contemporary politics. But how do we get power? And how does it change our behavior? So often, in spite of our best intentions, we lose our hard-won power. Enduring power comes from empathy and giving. Above all, power is given to us by other people. This is what we all too often forget, and it is the crux of the power paradox: by misunderstanding the behaviors that helped us to gain power in the first place we set ourselves up to fall from power. We abuse and lose our power, at work, in our family life, with our friends, because we've never understood it correctly—until now. Power isn't the capacity to act in cruel and uncaring ways; it is the ability to do good for others, expressed in daily life, and in and of itself a good thing. Dr. Keltner lays out exactly—in twenty original "Power Principles"—how to retain power; why power can be a demonstrably good thing; when we are likely to abuse power; and the terrible consequences of letting those around us languish in powerlessness.

Confronting Capitalism

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Author :
Publisher : AMACOM
ISBN 13 : 0814436463
Total Pages : 278 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Confronting Capitalism by : Philip Kotler

Download or read book Confronting Capitalism written by Philip Kotler and published by AMACOM. This book was released on 2015-04-15 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: With one side of the political aisle proposing increasingly more socialistic and anti-capitalistic ideas, the other side has been quick to defend our country’s great economic model, with good reason. Capitalism--spanning a spectrum from laissez faire to authoritarian--shapes the market economies of all the wealthiest and fastest-growing nations. But does that mean it is perfect as is, and that we would not all benefit from an honest evaluation and reconstruction of the free market system that has shaped our country’s way of economic growth?The truth is, trouble is cracking capitalism’s shiny veneer. In the US, Europe, and Japan, economic growth has slowed down. Wealth is concentrated in the hands of a few; natural resources are exploited for short-term profit; and good jobs are hard to find. In Confronting Capitalism, business expert Philip Kotler explains 14 major problems undermining capitalism, including:• Persistent and increasing poverty• Automation’s effects on job creation• High debt burdens• Steep environmental costs• Boom-bust economic cycles• And moreBut this landmark book does not stop with merely revealing the problems. It also delivers a heartening message: We can turn things around! Movements toward shared prosperity and a higher purpose are reinvigorating companies large and small, while proposals abound on government policies that offer protections without stagnation. Kotler identifies the best ideas, linking private and public initiatives into a force for positive change, and offers suggestions for returning to a healthier, more sustainable capitalism that works for all.