Download or read book Impression Management and the Biasing of Executive Pay Benchmarks written by Mathijs de Vaan and published by . This book was released on 2014 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the selection of peers into compensation peer groups reported by U.S. corporations. Securities and Exchange Commission (SEC) regulation requires firms to report these peer groups which are used by investors and shareholders to benchmark the compensation of CEOs. Building on a novel, dynamic analysis of more than 1,400 compensation peer groups since 2006, this paper presents new evidence that compensation peer groups are biased upwards relative to neutrally chosen “natural” peer groups. This upward bias is masked by several factors including normative selection on other criteria than compensation and the strong negative relationship between bias and the percentile at the named peer group at which the CEO is compensated. We find that adjustments to compensation peer groups are often better explained as bias-maintaining impression management than as structural adjustments to align peer groups more closely with the normative principles for peer group selection. We also find that peer group bias cannot generally be explained away as a reward for CEO talent. Our research suggests that although the SEC regulation was intended to minimize rent extraction, it has given firms a tool to manage impressions of shareholders and justify excessive pay.

Download or read book Selling Hope Selling Risk written by Donald C. Langevoort and published by Oxford University Press. This book was released on 2016 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An examination of the efficacy of investor protection regulations"--Provided by publisher.

Download or read book Obscured Transparency Compensation Benchmarking and the Biasing of Executive Pay written by Mathijs De Vaan and published by . This book was released on 2018 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The disclosure of compensation peer groups is argued to provide shareholders with valuable information that can be used to scrutinize CEO compensation. However, research suggests that there are substantial incentives for executives and directors to bias the compensation peer group such that the CEO can extract additional rent. Analyses of eleven years of comprehensive data on compensation peer groups demonstrate that the average firm uses an upwardly biased peer group. The size of the bias is positively associated with poor firm performance and with the amount of structural ambiguity regarding the peer group that best matches the focal firm. Both of these relationships imply that firms select peer groups strategically in order to justify higher pay for the CEO. More importantly, upward bias in compensation peer groups is highly predictive of an increase in CEO compensation suggesting that there is a strong incentive for CEOs to introduce upward bias into the peer group. Finally, while average peer group bias has gone down in recent years, the predictive effect of bias on pay has gone up. These findings call into question the practical impact of recent efforts to introduce greater transparency into the process for determining executive compensation.

Download or read book The Handbook of Financial Communication and Investor Relations written by Alexander V. Laskin and published by John Wiley & Sons. This book was released on 2017-11-29 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to offer a global look at the state-of-the-art thinking and practice in investor relations and financial communication Featuring contributions from leading scholars and practitioners in financial communication and related fields—including public relations, corporate communications, finance, and accounting— this volume in the critically acclaimed “Handbooks in Communication and Media” seriesprovides readers with a comprehensive, up-to-date picture of investor relations and financial communications as they are practiced in North America and around the world. The Handbook of Financial Communication and Investor Relations provides an overview of the past, present, and future of investor relations and financial communications as a profession. It identifies the central issues of contemporary investor relations and financial communications practice, including financial information versus non-financial information, intangibles, risk, value, and growth. Authors address key topics of concern to contemporary practitioners, such as socially responsible investing, corporate governance, shareholder activism, ethics, and professionalism. In addition, the book arms readers with metrics and proven techniques for reliably measuring and evaluating the effectiveness of investor relations and financial communications. Bringing together the most up-to-date research on investor relations and financial communication and the insights and expertise of an all-star team of practitioners, The Handbook of Financial Communication and Investor Relations: Explores how the profession is practiced in various regions of the globe, including North America, South America, Europe, the Middle East, India, Australia, and other areas Provides a unique look at financial communication as it is practiced beyond the corporate world, including in families, the medical profession, government, and the not-for-profit sector Addresses “big-picture” strategies as well as specific tactics for financial communication during crises, the use of social media, dealing with shareholder activism, integrated reporting and CSR, and more This book makes an ideal reference resource for undergrads and graduate students, scholars, and practitioners studying or researching investor relations and financial communication across schools of communication, journalism, business, and management. It also offers professionals an up-to-date, uniquely holistic look at best practices in financial communication investor relations worldwide.

Download or read book Fundamentals of Human Resource Management written by Susan L. Verhulst and published by John Wiley & Sons. This book was released on 2021-09-22 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fully revised and updated with input from practicing HR professionals, Fundamentals of Human Resource Management, 14th Edition provides students with a concise yet thorough introduction to the quickly evolving world of Human Resource Management (HR). This conversational and engaging text is designed to enhance online and distance learning and covers nearly all topics and competencies recommended by Society of Human Resource Management (SHRM) and Human Resource Certification Institute (HRCI) including human resource functions, strategy, planning, legal context, employee relations, talent acquisition, training and development, performance management, total rewards, health, safety, and labor relations. Every chapter is filled with real-world examples and activities based on current and emerging issues designed to strengthen student comprehension and increase student engagement.

Download or read book Unconscious information processing in executive control written by Nicola De Pisapia and published by Frontiers E-books. This book was released on with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this Frontiers Research Topic is to review and further explore the topic of unconscious processing in executive control. Executive control refers to the ability of the human brain – mostly associated with prefrontal cortex activity - to regulate the processing involved in the execution of novel or complex goal-directed tasks. Previous studies or models of human cognition have assumed that executive control necessarily requires conscious processing of information. This perspective is in line with common sense and personal introspection, which suggest that our choices are intentional and based on conscious stimuli. Nevertheless, in the last few years several behavioural and cognitive neuroscience studies have put under scrutiny this assumption. Cumulating evidence is now showing that prefrontal executive control can involve or be triggered by unconscious processing of information, with consequent effects on observed behaviours. One of the main methods adopted to study such unconscious mechanisms is masked priming, consisting in presenting visually masked stimuli, which nonetheless are shown to affect goal-directed behaviour or influence constructs linked to executive control and prefrontal cortex activity (e.g., task-set representation, response inhibition, conflict monitoring, error detection, reward processing, emotion regulation and task switching). This area of research is relatively young, and - while scientific evidence is emerging - no general consensus has been reached yet on how to interpret these early findings: some researchers accept that executive control can involve unconscious processing, others momentarily put aside - in first approximation - this issue, others criticize this possibility on theoretical grounds (e.g., pointing to the need of better definitions of terms such as control, conflict and consciousness) or based on experimental findings. At this stage, it appears necessary that researchers in the field make a collective effort to deepen the understanding of the unconscious mechanisms involved in executive control. This Research Topic will focus on neuroscience, but it will welcome contributions on purely behavioural and psychophysiological studies, patient reports, computational investigations, as well as philosophical and historical analyses of the relationship between executive control and consciousness. In particular, we encourage experts in this field to submit contributions in the form of: a) reviews, opinions and discussions on existing literature concerning unconscious processing of information in executive control; b) original research articles (both behavioural-only and neuroimaging studies) on unconscious processing of information in executive control; c) discussions and opinions on new methodologies to investigate this issue (e.g., other than masked priming, which has been the technique of choice in most of the existing studies).

Download or read book Impression Management in the Organization written by Robert A. Giacalone and published by Psychology Press. This book was released on 2013-04-15 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Impression management theory has been popular in sociology and social psychology for many years. This volume offers the first comprehensive application of impression management theory to organizational settings. Researchers and practitioners in organizational settings have recently been using this theory as an explanatory model to focus on the roles and identities that "social actors" utilize in interpersonal situations. The theory of impression management provides a framework for the techniques and strategies people use in order to look good as well as the excuses and justifications they employ to avoid looking bad.

Download or read book Fundamentals of Human Resource Management written by David A. DeCenzo and published by John Wiley & Sons. This book was released on 2016-05-16 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is an unbound, three hole punched version. The 12th Edition of Fundamentals of Human Resource Management, Binder Ready Version, 12th Edition helps students understand and remember concepts through a straightforward and conversational writing style and a wealth of examples to clarify ideas and build interest. The authors provide a strong foundation of essential elements of Human Resource Management as well as a clear understanding of how Human Resource Management links with business strategy. Through practical applications, the authors illustrate the importance of employees on every level of the organization, helping students understand HRM elements such as recruitment, training, motivation, retention, safety, the legal environment, and how they support successful business strategies.

Download or read book Fundamentals of Human Resource Management written by Mary Gowan and published by SAGE Publications. This book was released on 2021-01-15 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Human Resource Management for Competitive Advantage delves into the essential principles and practices of human resource management with a focus on gaining a competitive edge in the modern business landscape. A wide variety of learning tools in each chapter keeps students engaged and helps them bridge the gap between theoretical concepts and real-world applications.

Download or read book Performance Appraisal and Management written by Kevin R. Murphy and published by SAGE Publications. This book was released on 2018-02-08 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations of all sizes face the challenge of accurately and fairly evaluating performance in the workplace. Performance Appraisal and Management distills the best available research and translates those findings into practical, concrete strategies. This text explores common obstacles and why certain performance appraisal methods often fail. Using a strategic, evidence-based approach, the authors outline best practices for avoiding common pitfalls and help organizations achieve their maximum potential. Cases, exercises, and spotlight boxes on timely issues like cyberbullying in the workplace and appraising team performance provides readers with opportunities to hone their critical thinking and decision-making skills.

Download or read book Proceedings written by Academy of Management and published by . This book was released on 1984 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Breaking Through Bias Second Edition written by Andrea S. Kramer and published by Nicholas Brealey. This book was released on 2020-09-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fully Revised Second Edition Since Breaking Through Bias was published in 2016, the #MeToo movement has exposed just how pervasive sexual harassment is in the workplace; the increase in public misogynistic comments has made clear that explicit gender bias is not a thing of the past; and stay-at-home orders and school closings due to Covid-19 have brought into even sharper focus the discriminatory impact of the unequal division of child care and household responsibilities between most couples. In this Second Edition of Breaking Through Bias, the authors, Kramer and Harris, explain how these recent developments fit into a larger pattern of implicit or unconscious gender bias that imposes serious obstacles to women's career advancement. They argue persuasively, however, that while this bias is the result of deeply rooted gender stereotypes, women can avoid or overcome its discriminatory consequences by the effective use of "attuned gender communication" to manage the impressions other people have of them. Kramer and Harris illustrate the use of attuned gender communication in each of the contexts in which gender bias manifests itself: negative bias (women are not as talented as men), benevolent bias (women need men's support), age bias (older women are not effective workers), motherhood bias (women with children are not committed to their careers), and self-limiting bias (women believing themselves not suited for particular roles). Drawing on decades of experience supervising, training, evaluating, mentoring, and sponsoring thousands of women as well as exhaustive social science research, Kramer and Harris present in this updated and fully revised Second Edition unique, practical, and highly effective advice women can use to break through bias and achieve the career success they desire and deserve.

Download or read book Performance Management written by Herman Aguinis and published by SAGE Publications. This book was released on 2018-07-15 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Formerly published by Chicago Business Press, now published by Sage Performance Management, Fourth Edition covers the design and implementation of effective and successful performance management systems – the key tools that can be used to transform employee talent and motivation into a strategic business advantage. Author Herman Aguinis focuses on research-based findings and up-to-date applications that consider the changing nature of work and organizations.

Download or read book Work and Quality of Life written by Nora P. Reilly and published by Springer Science & Business Media. This book was released on 2012-05-31 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employees have personal responsibilities as well as responsibilities to their employers. They also have rights. In order to maintain their well-being, employees need opportunities to resolve conflicting obligations. Employees are often torn between the ethical obligations to fulfill both their work and non-work roles, to respect and be respected by their employers and coworkers, to be responsible to the organization while the organization is reciprocally responsible to them, to be afforded some degree of autonomy at work while attending to collaborative goals, to work within a climate of mutual employee-management trust, and to voice opinions about work policies, processes and conditions without fear of retribution. Humanistic organizations can recognize conflicts created by the work environment and provide opportunities to resolve or minimize them. This handbook empirically documents the dilemmas that result from responsibility-based conflicts. The book is organized by sources of dilemmas that fall into three major categories: individual, organizational (internal policies and procedures), and cultural (social forces external to the organization), including an introduction and a final integration of the many ways in which organizations can contribute to positive employee health and well-being. This book is aimed at both academicians and practitioners who are interested in how interventions that stem from industrial and organizational psychology may address ethical dilemmas commonly faced by employees.

Download or read book Organizational Decision Making written by Zur Shapira and published by Cambridge University Press. This book was released on 2002-03-25 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores decision making in organizations, highlighting the roles of incentive, conflict, power and politics.

Download or read book Encyclopedia of Management Theory written by Eric H. Kessler and published by SAGE Publications. This book was released on 2013-03-01 with total page 1053 pages. Available in PDF, EPUB and Kindle. Book excerpt: In discussing a management topic, scholars, educators, practitioners, and the media often toss out the name of a theorist (Taylor, Simon, Weber) or make a sideways reference to a particular theory (bureaucracy, total quality management, groupthink) and move on, as if assuming their audience possesses the necessary background to appreciate and integrate the reference. This is often far from the case. Individuals are frequently forced to seek out a hodgepodge of sources varying in quality and presentation to provide an overview of a particular idea. This work is designed to serve as a core reference for anyone interested in the essentials of contemporary management theory. Drawing together a team of international scholars, it examines the global landscape of the key theories and the theorists behind them, presenting them in the context needed to understand their strengths and weaknesses to thoughtfully apply them. In addition to interpretations of long-established theories, it also offers essays on cutting-edge research as one might find in a handbook. And, like an unabridged dictionary, it provides concise, to-the-point definitions of key concepts, ideas, schools, and figures. Features and Benefits: Two volumes containing over 280 signed entries provide users with the most authoritative and thorough reference resources available on management theory, both in terms of breadth and depth of coverage. Standardized presentation format, organized into categories based on validity and importance, structures entries so that readers can assess the fundamentals, evolution, and impact of theories. To ease navigation between and among related entries, a Reader’s Guide groups entries thematically and each entry is followed by Cross-References. In the electronic version, the Reader’s Guide combines with the Cross-References and a detailed Index to provide robust search-and-browse capabilities. An appendix with a Chronology of Management Theory allows readers to easily chart directions and trends in thought and theory from early times to the present. An appendix with Central Management Insights allows readers to easily understand, compare, and apply major theoretical messages of the field. Suggestions for Further Reading at the end of each entry guide readers to sources for more detailed research and discussion. Key themes include: Nature of Management Managing People, Personality, and Perception Managing Motivation Managing Interactions Managing Groups Managing Organizations Managing Environments Strategic Management Human Resources Management International Management and Diversity Managerial Decision Making, Ethics, and Creativity Management Education, Research, and Consulting Management of Operations, Quality, and Information Systems Management of Entrepreneurship Management of Learning and Change Management of Technology and Innovation Management and Leadership Management and Social / Environmental Issues PLUS: Appendix of Chronology of Management Theory PLUS: Appendix of Central Management Insights

Download or read book Knowledge Leadership written by C Lakshman and published by SAGE Publications. This book was released on 2008-11-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge Leadership: Tools for Executive Leaders explains the concept of Knowledge Leadership by analyzing the strategies and tools of information and knowledge management. The book uses case studies of successful executive leaders such as Jack Welch and Michael Dell to examine Knowledge Leadership practices. The discourse covers global industries ranging from automobile to retail. Knowledge is a prized asset in this rapidly growing world. Some of it needs to be guarded against plagiarization at any cost, while some must be shared with people for it to flourish and thrive. Across industries, individuals and organizations have a competitive advantage if knowledge and information is disseminated and utilized effectively. This book elucidates mechanisms that top executives can employ to combine knowledge management and executive leadership. It provides insights into macro and micro level Knowledge Leadership from global organizations and young entrepreneurs. While imparting this practical knowledge, the author also underlines the interpersonal skills that executives must possess to manage subordinates and customers. This book would be immensely useful to students and faculty members studying Leadership, Knowledge Management, Knowledge Leadership, Business Management and Organizational Studies. It provides handy tips for executives of leading and upcoming organizations who intend to enhance their leadership skills and expertise in Knowledge Management. It would also be valuable reading for corporate training institutes.