Explain the ways in which the federal government has tried to change the landscape of corporate governance and executive compensation.
What will be an ideal response?
The federal government has tried to change the landscape of corporate governance and executive compensation, in the following ways:Lead Director. The independent members of the board are required to meet regularly on their own, without management. About half of the companies in the S&P 500 have appointed a so-called lead director to run these meetings and serve as a counterweight to the CEO chair.Disclosure. The SEC now requires more complete disclosure of executive compensation. This disclosure includes the relationship between financial performance and executive compensation as well as the ratio between the CEO's total pay and the median total compensation for all other company employees.Clawbacks. A public company must establish a clawback policy, whereby it can require the CEO and CFO to reimburse the company for any bonus or profits they received from selling company stock within a year of the release of flawed financials. Say-on-pay. At least once every three years, companies must take a nonbinding shareholder vote on the compensation of the five highest-paid executives.
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Analyze the following statements to determine what would happen if the value of the euro appreciates relative to the dollar.
A. It would reduce the spending power of American consumers seeking to buy European products. B. The price of goods and services for European products would become evenly matched with American products. C. It would reduce the spending power of European consumers seeking to buy American products. D. The spending power of both American and European consumers would increase. E. It would increase the spending power of American consumers seeking to buy European products.
Which of the following techniques is NOT a technique for dealing with a bottleneck?
A) Schedule throughput to match the capacity of the bottleneck. B) Increase the capacity of the constraint. C) Have cross-trained employees available to keep the constraint at full operation. D) Develop alternate routings. E) All are techniques for dealing with bottlenecks.
Rally Speedboat Corporation refuses to sell its products to Super Weekends, Inc., a recreational water products dealership. This is
A. a group boycott. B. a horizontal market division. C. attempted monopolization. D. a unilateral refusal to deal.