Download or read book Executive Greed written by V. Kothari and published by Springer. This book was released on 2010-07-05 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: By looking at the three most recent economic crises, the S&L crisis, the dot-com bubble, and the recent subprime mortgage disaster, the author explains why and how corporate managers led their organizations toward disasters in the long-run.

Download or read book Executive Greed written by V. Kothari and published by Springer. This book was released on 2010-07-05 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: By looking at the three most recent economic crises, the S&L crisis, the dot-com bubble, and the recent subprime mortgage disaster, the author explains why and how corporate managers led their organizations toward disasters in the long-run.

Download or read book Executive Greed written by Joseph Lee Bounds, Dr and published by CreateSpace. This book was released on 2013-09-15 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text addresses the issue of whether or not senior executive compensation in publicly traded corporations is excessive. Easy to understand language and data analysis from 30 industries in the United States is provided along with graphs for each. Metrics are defined and a new theory of executive compensation proposed.

Download or read book Evo Morales written by Martín Sivak and published by St. Martin's Press. This book was released on 2010-07-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fascinating Bolivian president Evo Morales is vying with the brash and provocative leader of Venezuela, Hugo Chavez, to be the most influential figure in South American politics today. Since coming into office four years ago, Morales has been intensely critical of the United States, speaking out against the drug war at the United Nations and implementing socialist programs at home, including the nationalization of British Petroleum holdings and other foreign investments. And he has reached out to America's political enemies, including Cuba and Iran. Based on personal interviews and unprecedented access, Sivak traces the rise of Morales from his humble origins in a family of migrant workers to his youth as union organizer and explosion onto the national stage.

Download or read book Infectious Greed written by John R. Nofsinger and published by FT Press. This book was released on 2003 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: In "Infectious Greed, " the authors begin with an assessment of what really happened in the recent big business collapses. Next, they offer systematic solutions that align incentives to promote desirable actions. Their solutions build on what's best about capitalism, and can truly restore the investor confidence that is essential to the system's long-term success.

Download or read book Why Does Executive Greed Prevail in the United States and Canada But Not in Japan The Pattern of Low CEO Pay and High Worker Welfare in Japanese Corporations written by Alberto Salazar and published by . This book was released on 2017 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to a list of th ...

Download or read book Greed written by A. F. Robertson and published by John Wiley & Sons. This book was released on 2013-05-03 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Greed' is a visceral insult. It jabs below the belt, evoking guilty sensations of gluttony and lust. It taunts the rich and powerful, penetrating the cover of modern ideologies and institutions. Today, old-fashioned accusations of greed drag the larger-than-life corporate fat cats down to human bodily proportions, accusing them of gain without genuine growth. This lively new book is a wide-ranging inquiry into how greed works in our lives and in the world at large. Western philosophy has intellectualized human passions, explaining and justifying our expansive desires as 'rational self-interest'. However, an examination of the visceral power of greed tells us something about the apathy of modern theory. It shows us how confused we have become about the meanings of growth, creating false and morally hazardous distinctions between biology on the one hand, and history on the other. With greed as a guide, this book considers how the integrity of these meanings may be restored. This remarkable book will be of interest to anyone concerned about the morality of economic behavior in the modern world. It will be an important text for students in the social sciences, especially in anthropology, sociology, development studies, and business studies.

Download or read book GREED UNLIMITED written by David Craig and published by eBook Partnership. This book was released on 2012-09-27 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stench of greed is engulfing all our once-admired institutions. Business bosses pocket millions for even the most dismal performance. Bureaucrats pay themselves eye-watering amounts, while wasting billions of our money. Multimillionaire bankers lie, steal our money, rig interest rates and wreck our banks. Politicians and peers fiddle even more from their expenses than before the expenses scandal broke.Everything that once made Britain admired in the world - our sense of fair play, our decency, our tolerance, our democracy - has been cynically trampled in the mud by our self-serving, grasping ruling elites. And while our masters loot ever more of our money for themselves, they preach to us about the need for austerity, cutbacks and sacrifices.Greed Unlimited exposes how our voracious, selfish elites have made fools of us all and looks at how we can fight back against the rapacity of those who have so much power over us.

Download or read book Executive Greed and a Powerful Cause for More Pay written by Hermann J. Stern and published by . This book was released on 2014 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is widespread assumption that executives are greedy and that it is executive greed that has led to widespread spiralling executive pay. This paper offers an alternative explanation for today's extraordinary high levels of executive pay: Pay transparency.Pay transparency increases executive pay by as much as 23.0% compared to only 6.9% when wages are not transparent based on over 308 treatments in 7 behavioural experiments. We call this wage increase the Wage Anchor Effect. Men are 40% more affected by the Wage Anchor Effect than women.While lower for lower paid jobs, the wage increasing Wage Anchor Effect exists even there (we used babysitters and cleaning staff as job examples). Therefore, pay transparency could help lower-paid workers with higher wages which may not have the negative side effects of minimum wages.

Download or read book Money Greed and God written by Jay W. Richards and published by Harper Collins. This book was released on 2009-05-05 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Money, Greed, and God: Why Capitalism is the Solution and Not the Problem, Senior Fellow at the Discovery Institute Jay W. Richards and bestselling author of Indivisible: Restoring Faith, Family, and Freedom Before It's Too Late and Infiltrated: How to Stop the Insiders and Activists Who Are Exploiting the Financial Crisis to Control Our Lives and Our Fortunes, defends capitalism within the context of the Christian faith, revealing how entrepreneurial enterprise, based on hard work, honesty, and trust, actually fosters creativity and growth. In doing so, Money, Greed, and God exposes eight myths about capitalism, and demonstrates that a good Christian can be a good capitalist.

Download or read book The Regulation of Executive Compensation written by Kym Maree Sheehan and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: ïBased on extensive interviews with those directly involved in the executive pay setting process _ executives themselves, remuneration committee members, remuneration consultants, and institutional investors _ this excellent study finally explains how, despite repeated regulation over the past twenty years in both the UK and Australia, limits on the amount executives get paid, and a clear relationship between pay and performance remain as elusive as ever. Dr. SheehanÍs study suggests that by targeting the pay setting process rather than pay itself, regulation may have contributed, albeit unintentionally, to the endless upward ratcheting of absolute levels of executive pay.Í _ John Roberts, University of Sydney, Australia ïFor those that believe executive remuneration in the UK and Australia is too high and poorly aligned with company performance, this book provides an excellent analytical framework and strong arguments in favor of greater shareholder oversight of remuneration practices and pay levels. It is well-written, carefully argued and persuasive in its treatment of the subject. I wholeheartedly recommend it.Í _ Randall S. Thomas, Vanderbilt University Law School, US In this timely book, Kym Sheehan examines the regulatory technique known as ïsay on payÍ _ where shareholders vote on executive compensation in an annual, advisory vote on the remuneration report. Using the model of the regulated remuneration cycle, and drawing upon evidence of its operation from interviews, voting data and remuneration reports from UK and Australian companies, the book demonstrates whether say on pay can operate successfully to both constrain executive greed and ensure accountability exists for company performance and decision-making. The Regulation of Executive Compensation is essential reading for corporate governance academics, remuneration consultants, company directors, regulators, pension and superannuation fund trustees and unions. Politicians and their policy advisers, lawyers, accountants and anyone concerned about the corporate governance of listed companies will find much to interest them in this detailed study.

Download or read book The Death of the American Corporation written by William Czander and published by . This book was released on 2012-02-01 with total page 804 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just as one can destroy one's health, marriage, career, etc., CEOs and bankers can engage in behaviors and decisions that destroy the corporation they lead. For almost 25 years corporate America has resembled the Wild West. CEOs and their executives, Wall Street bankers, and others have been quietly engaged in terminating millions of jobs, stealing pensions, breaking up companies, committing fraud, outsourcing, and engaging in incomprehensible risk taking, all for the purpose of personal gain. It was blatant greed. And like most feeding frenzies it got out of control. Now, thanks to the greed demonstrated by executives at AIG, Merrill Lynch, Lehman and hundreds of other companies, Main Street America is finally outraged. It's as if Congress, journalists, pundits and even scholars have discovered that executives and bankers were cheating the system, and even in the midst of the present furor over pay, performance and bailouts, they cannot stop the greed, causing further outrage. We suggest that CEO greed has not only destroyed the American corporation, but it is responsible for the financial crises and a climate of mistrust that will take years if not decades to restore. We begin by explaining the scope of the CEO pay problem and what business schools did for the past 20 years to create the type of thinking that facilitates a culture of greed. In addition, we explore how CEOs engaged in an array of decisions that destroyed the employee-employer compact, destroyed customer service, outsourced and made themselves and stockholders wealthy. We then explain the psychological motivation to engage in unthinkable greed and how the tremendous effort an executive makes climbing the corporate ladder and then staying there leads to a psychological state of entitlement, guilt, and depersonalization in which the CEO looses empathy, and greed takes over as a defense. We then examine the nature of these problematic executive constellation cultures that become breeding grounds for greed, hubris and destruction. We discuss the psychology of the destruction of Lehman Brothers and then conduct an in-depth analysis of one of the most celebrated CEO's accused of greed and destructiveness, Bob Nardelli. the former CEO of Home Depot. This follows with a discussion of the new generation of employees, the Gen Ys, who will contribute to the demise of the American Corporation as we know it. The book ends with a discussion of what needs to be done to end unemployment and the growing gap between the rich and the poor. An extensive appendix presents the actual misdeeds and greedy acts of hundreds of CEOs.

Download or read book Why Does Executive Greed Prevail in the United States and Canada But Not in Japan written by Alberto R. Salazar and published by . This book was released on 2013 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Why are Japanese CEOs paid considerably less than their American or Canadian counterparts? This essay argues that the activism of long-term oriented institutional investors such as banks and the tying of executive pay to worker welfare in the context of a culture of intolerance to excessive executive compensation explain to a great extent the development of a pattern of low executive pay in Japan. The Japanese experience also demonstrates that lower executive compensation does not result in compromising firm performance and is a necessary condition to build a stakeholder-friendly corporation. For example, the CEO of Toyota (world's biggest automaker), Akio Toyoda, earned 184 million yen ($1.9 million) in 2012, a 35 percent increase from the previous year. He is the lowest-paid chief of the world's five biggest automakers and led Toyota to generate the highest return last year among the top five global automakers. Toyota's outlook for increasing profit prompted the automaker to approve the biggest bonus for workers in the last years. Alan Mulally, Ford Motor's chief and the best paid among the top five, took home $21 million in 2012"--Abstract.

Download or read book On Corruption in America written by Sarah Chayes and published by Vintage. This book was released on 2020-08-11 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.

Download or read book Greed and Corporate Failure written by S. Hamilton and published by Springer. This book was released on 2016-01-18 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is for anyone who wants to know what truly lies behind the scandals and disasters of global business which marred the first few years of the 21st century. It examines why companies fail, finding the reasons few, yet all too common. It also explores what the prudent investor, board member or manager should be alert to but often is not.

Download or read book It Takes a CEO written by Leo Hindery and published by Simon and Schuster. This book was released on 2005-11-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should CEOs act as moral compasses for their companies? Leo Hindery thinks they should. If every CEO did so, then Enron, WorldCom, Adelphia, and Tyco would not have become poster children for greed. They would not have become corporate embarrassments -- living illustrations of all that can go wrong in the corner office. How did these once prestigious companies fall off the ethical cliff? How is it that reputations were destroyed, shareholders lost value, employees (in many cases) lost everything, and, in a few cases, entire companies disappeared? Everyone is pointing fingers, and the new widespread mistrust of public companies may turn out to be more damaging to America's economic future than the billions actually lost in the scandals. Now, one of America's most prominent corporate leaders illuminates the need for more integrity and less greed among executives. In a scathing examination of why leaders have lost their way, Leo Hindery speaks out on the role of the CEO. Does the corporate culture have to be driven by greed? Or can you do good and still make good in the big business world? Leo Hindery, the former CEO and President of companies such as AT&T Broadband, TCI, and the YES Network -- and currently Managing Partner of InterMedia Partners -- forcefully advocates approaching a business career as life's meaningful work, and not merely as a way to accumulate personal wealth. Both fiery and optimistic, Hindery calls upon his fellow executives to conduct themselves with the kind of integrity that used to be commonplace, but now seems all too rare. Holding his moral yardstick up to some of the worst transgressions in recent memory, Hindery tackles the toughest issues of the day head-on: • Why should the ratio of average CEO pay to average employee pay today be 304:1 -- and in some cases, as high as 2,300:1? • What does it mean when 80 percent of all viewed media content is owned by just 5 companies? • If offshoring is good for the global economy, what needs to be done to make it fair? • What should the role of the board of directors be, and whose job is it to take care of employees? With passion, insight, and humor, Hindery reinvigorates the code of business conduct. It Takes a CEO is a corporate handbook for our times -- not for how to get ahead, but for how to lead with integrity, grace, and heart.

Download or read book The CCL Handbook of Coaching written by Sharon Ting and published by John Wiley & Sons. This book was released on 2006-04-07 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coaching is vital to developing talent in organizations, and it is an essential capability of effective leaders. The CCL Handbook of Coaching is based on a philosophy of leadership development that the Center for Creative Leadership has honed over thirty years with rigorous research and with long, rich experience in the practice of leadership coaching. The book uses a coaching framework to give a compass to leaders who are called to coach as a means of building sustainability and boosting performance in their organizations. The book explores the special considerations that leader coaches need to account for when coaching across differences and in special circumstances, describes advanced coaching techniques, and examines the systemic issues that arise when coaching moves from a one-to-one relationship to a developmental culture that embraces entire organizations.