Download or read book Corporate Governance Implications of Nonprofit Executive Compensation written by Douglas K. Anning and published by . This book was released on 2009-01-01 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance Implications on Nonprofit Executive Compensation written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Guide to Nonprofit Corporate Governance in the Wake of Sarbanes Oxley written by ABA Coordinating Committee on Nonprofit Governance and published by American Bar Association. This book was released on 2005 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for directors of nonprofit organizations and practitioners, this guidebook provides a complete overview of the major reforms enacted or triggered by the Sarbanes-Oxley Act, including governance reforms promulgated by the SEC and the Stock Exchanges.

Download or read book Executive Compensation Best Practices written by Frederick D. Lipman and published by Wiley. This book was released on 2008-06-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Executive Compensation Best Practices demystifies the topic of executive compensation, with a hands-on guide providing comprehensive compensation guidance for all members of the board. Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.

Download or read book Pay without Performance written by Lucian Bebchuk and published by Harvard University Press. This book was released on 2006-09-30 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this book clearly demonstrates, structural flaws in corporate governance have produced widespread distortions in executive pay. Pay without Performance presents a disconcerting portrait of managers' influence over their own pay--and of a governance system that must fundamentally change if firms are to be managed in the interest of shareholders. Lucian Bebchuk and Jesse Fried demonstrate that corporate boards have persistently failed to negotiate at arm's length with the executives they are meant to oversee. They give a richly detailed account of how pay practices--from option plans to retirement benefits--have decoupled compensation from performance and have camouflaged both the amount and performance-insensitivity of pay. Executives' unwonted influence over their compensation has hurt shareholders by increasing pay levels and, even more importantly, by leading to practices that dilute and distort managers' incentives. This book identifies basic problems with our current reliance on boards as guardians of shareholder interests. And the solution, the authors argue, is not merely to make these boards more independent of executives as recent reforms attempt to do. Rather, boards should also be made more dependent on shareholders by eliminating the arrangements that entrench directors and insulate them from their shareholders. A powerful critique of executive compensation and corporate governance, Pay without Performance points the way to restoring corporate integrity and improving corporate performance.

Download or read book The Impact of Corporate Governance on Executive Compensation written by Stephen G. Sapp and published by . This book was released on 2008 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between the compensation of the top five executives at a set of over 400 publicly listed Canadian firms and various internal and external corporate governance-related factors. The media is full of stories suggesting a relationship between large executive compensation packages and failures in governance at various levels within organizations, but there exists little formal analysis of many of these relationships. Our analysis provides empirical evidence supporting some of these assertions, refuting others and documenting new relationships. We find that variances in internal governance related to differences across firms in the characteristics of the CEO, compensation committee and board of directors do influence both the level and composition of executive compensation, especially for the CEO. Considering external measures of corporate governance, we find that different types of shareholders and competitive environments impact executive compensation. We do not find that either the internal or external governance characteristics dominate.

Download or read book Corporate Governance and Executive Compensation written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2002 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory and Practice of Directors Remuneration written by Alexander Kostyuk and published by Emerald Group Publishing. This book was released on 2016-01-06 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues for a correct balance between risk and reward and for Directors' remuneration to be equitable to all parties and stakeholders. By examining the current theories, practices and regulations and explaining them in detail it provides a state of the art overview of one of the key corporate governance issues of our time.

Download or read book Signaling Theory in Human Service Nonprofit Organizations written by Lisa L. Forbes and published by . This book was released on 2016 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research uses multiple regression analysis to investigate whether the level of executive compensation in small, medium, and large human service nonprofits affects donor giving, exploring both implications for nonprofit governance and the possibility that nonprofits use executive compensation as a signal to donors of the organization's mission focus. When giving to nonprofit organizations, donors often have no clear way of knowing if their contributions will be used as intended. Donors must therefore either trust the organizations to which they contribute or look for signals of organizations' intent and integrity. Nonprofit organizations may use executive compensation as a signal of dedication to mission, as excessive executive compensation in nonprofits is an area of concern to donors as well as regulators. Findings of this study suggest that while executive compensation levels do not affect donor decision-making in small organizations, executive pay levels do impact donor giving in large organizations and, to some extent, in medium-sized organizations. In both medium and large human service nonprofits, study results suggest that sophisticated donors pay more attention to relative scaled executive compensation: when executive compensation as a percentage of total expenses is higher than average, sophisticated donors contribute less. On the other hand, unsophisticated donors appear to pay more attention to total executive compensation: as executive compensation increases, unsophisticated donors contribute more. These findings imply that executive compensation is not an effective signaling or governance tool in small organizations but that it may be used as a donor monitoring device in medium and large organizations. To the extent that donors to large and medium-sized human service organizations see executive compensation as a signal, evidence suggests sophisticated donors view compensation as signaling dedication to mission, while unsophisticated donors view executive compensation as a signal of leadership competence.

Download or read book The Nonprofit Board Answer Book written by BoardSource and published by Jossey-Bass. This book was released on 2007-09-10 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Think for a moment of the best conversations you’ve had with friends and colleagues. You were honest with one another—not shy about speaking up but relaxed, even if the topic being discussed was serious in nature. That’s the type of conversation The Nonprofit Board Answer Book aims to have with you in the pages that follow. It follows a question-and-answer format, enabling you to quickly find an answer to a burning question you have right now. At the same time, it’s easy to pick up and read straight through, either cover to cover or one section at a time. At the end of each question-and-answer pairing you’ll find suggested action steps. These offer ways to put the information to a practical use on your own board and within your own nonprofit organization. Implementing some of these steps may lead to more questions as you become even more committed to fulfilling your responsibilities as a board member. Remember: behind every good answer lies a good question. So keep asking those questions.”--from the Introduction

Download or read book Governance for Nonprofits written by Ted E. DeGroot and published by Universal Publishers. This book was released on 2023-06-01 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonprofit governance is like sports officiating. Umpires and referees don’t play the game. They manage the game. That's what governance does for a nonprofit organization. People assigned to governance oversee how the organization is managed and work to make the entire business as effective as possible. Governance for Nonprofits itemizes the duties of governance, explains what a nonprofit organization needs to successfully accomplish its Mission Statement and provides the road map to an ongoing, smoothly operating, profitable, not-for-profit organization. Governance for Nonprofits is a basic tool that should be in the arsenal of every person that sits on a board of directors and every member of a nonprofit staff that deals with the challenges of making a not-for-profit organization successful. That’s because the book: * Explains the duties of board members and board officers * Shows how to be an effective member of a board of directors * Examines the purpose and limitations of board of directors * Looks at the role of the board in major decision making * Explains fund-raising from a management perspective * Walks the reader through the major steps of becoming a nonprofit * Offers real-life samples of important nonprofit documents * Includes an introduction to IRS reporting Form 990 * Explains the elements and importance of bylaws * Illustrates the differences between managing a small, medium or large nonprofit * Explains various types of nonprofit boards of directors * Discusses the role and value of committees * Looks at the impact of ethics in nonprofit operations * Explains how to analyze the effectiveness of a board of directors * Makes suggestions regarding term-limits * Demonstrates the importance of succession planning * Examines the tools available to help make a board of directors function at a high level of competence * And a whole lot more. WORDS OF PRAISE A sorely needed book for nonprofit organizations. It covers every aspect of either forming or participating in a nonprofit. This is a must read because it is not only a guide but also a reference for all thinking about forming or operating a nonprofit. --Lt. Col Robert S. Slater (Ret.) US Air Force; President, Community Development District 1, Collier County, Florida This is a great resource for senior non-profit managers and board members who are searching for the details of nonprofit governance. --Don R. Pember, Ph.D. Professor Emeritus, School of Communications, University of Washington and author of Mass Media Law, Mass Media in America, Privacy and the Press This book tackles governance and makes this dry subject actually interesting! No matter what the size of the community, or what community a nonprofit serves, this book focuses on every aspect of nonprofit operation! --Donna Fiala, County Commissioner , Collier County, Florida (Ret.) Columnist, Civic Activist Extremely well organized as a guide or quick reference. I highly recommend this clear and easily read manual to anyone involved in any way with a nonprofit organization. --Michael S. Walker, Ph.D. Physicist and author of Quantum Fuzz Ted DeGroot shares his extensive knowledge and expertise in this comprehensive guide to governance for nonprofit organizations. The many examples and analogies help the reader absorb this complex subject by putting the information into context. It's a must-read for Board members and nonprofit executives who want to understand nonprofit governance in depth and bring their nonprofit organizations to new heights of success. --Sheryl Soukup CFRE, President, Soukup Strategic Solutions: Expertise in Fundraising and Nonprofit Management

Download or read book Executive Compensation and Related party Disclosure written by James Hamilton and published by CCH Incorporated. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: As of July 26, 2006, the SEC completed the most sweeping overhaul of executive compensation and related party transaction disclosure in fourteen years. Executive Compensation and Related-Party Disclosure: SEC Rules and Explanations provides timely and thorough explanations, implications and full text of these reforms. The revision puts in place a principles-based disclosure regime designed to give investors the information they need on executive compensation to make informed investment decisions and demystify any financial dealings between executives and their companies. The new rules also enhance and consolidate into one item director independence and related corporate governance disclosure requirements. The heart of the reforms is the new Summary Compensation Table and the new Compensation Discussion and Analysis. The Summary Compensation Table is the principal vehicle for executive compensation, showing the total compensation for each of the named executive officers. For the first time, SEC rules require that all elements of executive compensation must be disclosed and that a total individual compensation number be provided for the five named executive officers. Other tables will display post-retirement compensation and options exercises. The new Compensation Discussion and Analysis (CD&A) section is a narrative principles-based overview explaining material elements of the company's compensation for named executive officers. It provides a company with both an obligation and an opportunity to explain its compensation policies, focusing on the most important factors. It will be filed and thus subject to Sarbanes-Oxley certification. The SEC also mandated a new compensation committee report requiring the committee to state if it has reviewed and discussed the CD&A with management and recommended to the board that the CD&A be included in the annual report.

Download or read book Controlling for Corporate Governance in Nonprofit Research written by Colleen M. Boland and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a large sample of nonprofit organizations in the United States reporting governance information on their IRS Forms 990, we develop and evaluate several different composite measures of nonprofit governance. These measures can be used to control for governance broadly in a variety of settings, including research that examines nonprofit funding, reporting quality, and executive compensation. Our results suggest that relatively basic indices perform as well as, and in some cases better than, more complex indices. In fact, when controlling for governance in the standard donations model, the collective evidence indicates that an index computed using the simple sum of five binary indicators (audit committee, majority independent board, no outsourcing, CEO salary review, and information available on website) performs best.

Download or read book A Practical Guide to SEC Proxy and Compensation Rules written by Amy L. Goodman and published by Wolters Kluwer. This book was released on 2010-10-05 with total page 1856 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Practical Guide to SEC Proxy and Compensation Rules, Fifth Edition is designed to meet the special needs of corporate officers and other professionals who must understand and master the latest changes in compensation disclosure and related party disclosure rules, including requirements and initial SEC implementing rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Current, comprehensive and reliable, the Guide prepares you to handle both common issues and unexpected situations. Contributions from the country's leading compensation and proxy experts analyze: Executive compensation tables Compensation disclosure and analysis Other proxy disclosure requirements E-proxy rules Executive compensation under IRC Section 162(m) And much more! Organized for quick, easy access to all the issues and areas youand’re likely to encounter in your daily work, A Practical Guide to SEC Proxy and Compensation Rules Dissects each compensation table individuallyand—the summary compensation table, the option and SAR tables, the long-term incentive plan tableand—and alerts you to the perils and pitfalls of each one Walks you through preparation of the Compensation Disclosure and Analysis Explains the latest interpretations under the SEC's shareholder proposal rule and institutional investor initiatives and what they mean for the coming proxy season Helps you tackle planning concerns that have arisen in the executive compensation context, including strategies for handling shareholder proposals regarding executive compensation and obtaining shareholder approval of stock option plans The Fifth Edition reflects the latest SEC and IRS regulations, guidance, interpretations and disclosure practices. It adds a new chapter focused on developments and practices relating to required public company and“say-on-payand” advisory votes pursuant to the Dodd-Frank Act. Another new chapter addresses director qualifications and Board leadership, diversity, and risk oversight disclosures. This one-volume guide will help you prepare required disclosures as well as make long-range plans that comply fully with regulations and positions taken by the SEC more quickly and completely than ever before. In addition, weand’ve updated the Appendices to bring you the latest rules and relevant primary source material.

Download or read book Responsible Executive Compensation for a New Era of Accountability written by Peter T. Chingos and published by . This book was released on 2004-03-25 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

Download or read book Executive Compensation Corporate Governance and Say on Pay written by Fabrizio Ferri and published by . This book was released on 2018 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph explores the relation between corporate governance and executive compensation and evaluates the conditions under which shareholders can benefit from the right to interfere with the pay setting process by voting on the compensation proposed by the board of directors (Say on Pay). The first part of the monograph lays out the theoretical framework. The second part provides an overview of the origins and country-specific differences in Say on Pay regulation and a detailed summary and evaluation of the empirical literature on the subject.

Download or read book Good Governance for Nonprofits written by Fredric L. Laughlin and published by AMACOM/American Management Association. This book was released on 2007 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now even with limited resources, nonprofit leaders will learn how to: eliminate redundant or outdated policies; add new policies more effectively; clearly guide the CEO and evaluate his or her performance; ensure compliance with relevant legislation and regulations; understand why certain policies should be included; and adapt the authors' templates to their specific needs.