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Who Should Actually Have Say on Pay?

Harvard Business Review

To a large extent, say-on-pay — which was introduced in the UK in 2002 and has spread to several other countries, most recently Switzerland — is a simple exercise in bandwagon-following. So paying bank CEOs mostly in stock is a recipe for a financial crisis. Boards Compensation Leadership' Larcker, Allan L.

Hedge 8
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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

K-Mart closed 617 of its under-performing department stores and filed for Chapter 11 bankruptcy reorganization in 2002. When they are compelled to do so, company leadership will provide leadership for change management and re-engineering…two of the many worthwhile concepts that should be advocated every business day.

Crisis 58
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

Yet, most CEOs were never trained on how to be CEOs, with all the responsibility, people skills, leadership and ethical management that must go along with the job. The average bank teller loses about $250 every year. Juliano Howard T. Dickens Jr. Ives Sharon Drew Morgen Hank Moore Jamie P. Every day in the U.S., Yet, only 5.1%

Ethics 59
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. In my opinion, deregulation, as a whole, has worked negatively upon business and society (banking, airlines, trucking, and broadcasting), and the SEC is no exception. Executives never stayed long. Congressional Hearings.