Download or read book Report on the Session written by United Nations Development Programme. Governing Council and published by . This book was released on 1991 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Download or read book Pay Without Performance written by Lucian A. Bebchuk and published by Harvard University Press. This book was released on 2004 with total page 308 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.

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Download or read book Environmental Governance for Sustainable Development written by Uma Nabhi and published by Taylor & Francis. This book was released on 2023-04-10 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the role of the United Nations Environment Programme (UNEP) as an advocate for greater environmental responsibility and analyses the major achievements and outcomes of two landmark conferences – Stockholm (1972) and Rio (1992) – which set the agenda for the future role of the UNEP. It discusses the UNEP’s evolution, objectives and the problems of differing perspectives within, its ability to deal with environmental challenges, its skill in successfully carrying out the mandate and contributing to the pursuit of environmental security. The book also looks at five developing countries of South Asia, namely India, Bangladesh, Nepal, Pakistan and Sri Lanka, to study the role of the South Asia Co-operative Environment Programme (SACEP), which plays an active role in the management of environmental issues and constitutes an important landmark in regional cooperation in South Asia. The author evaluates the contributions of National Conservation Strategies not only in creating environmental awareness but also in strengthening environmental governance architecture by integrating Millennium Development Goals and Sustainable Development Goals into the development planning of these South Asian countries under study. Drawing on in-depth research and interviews, this book will be of interest to students, teachers, researchers, policymakers and strategic analysts working in the fields of environment studies, sustainable development, environmental science and policy, environmental law and governance, geography, politics and international affairs.

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