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In Canadian usage, the terms pay equity and pay equality are used somewhat differently from in other countries. The two terms refer to distinctly separate legal concepts. Pay equality, or equal pay for equal work, refers to the requirement that men and women be paid the same if performing the same job in the same organization. For example, a ...
The fiduciary duty requires the company director to act with due care and skill, in good faith, in the best interests of the company and without conflicts of interest. [17] In some jurisdictions deliberate breaches of directors duties can result in civil or criminal penalties.
Therefore, the principal-agent relationship is very prevalent between corporation managers and equity holders. If an investor was to choose to not have a manager, it is likely costly for them to monitor the activity of the corporations that they invest in and often rely heavily on auditors or they look to the market hypothesis in which ...
Management is a type of labor with a special role of coordinating the activities of inputs and carrying out the contracts agreed among inputs, all of which can be characterized as "decision making". [1] Managers usually face disciplinary forces by making themselves irreplaceable in a way that the company would lose without them.
The term shareholder value, sometimes abbreviated to SV, [1] can be used to refer to: . The market capitalization of a company;; The view that the primary goal for a company is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the stock price to increase (i.e. the Friedman doctrine introduced in 1970);
The NYPD’s highest-paid employee — who shoveled in more than $400,000 last year — filed for retirement this week amid an internal affairs probe into her astronomical overtime, The Post has ...
Many companies use employee stock options plans to retain, reward, and attract employees, [3] the objective being to give employees an incentive to behave in ways that will boost the company's stock price. The employee could exercise the option, pay the exercise price and would be issued with ordinary shares in the company.
Numerous articles and books written on stakeholder theory generally identify Freeman as the "father of stakeholder theory". [14] Freeman's Strategic Management: A Stakeholder Approach (1984) is widely cited in the field as being the foundation of stakeholder theory, [15] although Freeman himself refers to several bodies of literature used in the development of his approach, including strategic ...