Women Executives Even though women constitute 40% of all executives and administrative posts (up from 24% in 1976)‚ they are still restricted mostly to the middle and lower positions‚ and the senior levels of management are almost entirely male domains. A 1990 study of the top Fortune 500 companies by Mary Ann Von Glinow of the University of Southern California‚ showed that "women were only 2.6% of corporate officers (the vice presidential level up)." Of the Fortune Service 500‚ only 4.3%
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There were several situations that lead the executives and managers of WorldCom to "cook the books." Acquisition of other companies drove WorldCom to spend beyond their means; managers were told to spend whatever was necessary to increase revenue‚ even if it meant that long-term costs would outweigh the short-term gains. This fiscally unhealthy mentality led to a very bad decision to enter into long-term fixed rate leases for network capacity with extensive punitive termination provisions. Once the
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WorldCom: internal audit lessons to be learnt On June 9 2003‚ the U.S. Bankruptcy Court of New York issued a report on the WorldCom accounting fraud that expands on the court’s earlier findings of mismanagement‚ lack of corporate governance‚ and concern regarding the integrity of the company’s accounting and financial reporting functions. Supervised by former U.S. Attorney General Richard Thornburgh‚ the study was commissioned by the court to investigate allegations including fraud‚ mismanagement
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Question 2 Introduction Takealot.com is one of South Africa fastest growing and largest online retail stores. This great e-commerce business was officially launched in 2011 after the acquisition of Take2.com by Kim Reid who is a former senior executive at Naspers and the US based hedge fund‚ Tiger Global. Takealot.com offers a service of online shopping to consumers. This business was developed with a simple vision and goal in mind which is to offer a one stop customer focused online retail store
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Executive Summary The purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read the complete document. Therefore‚ the executive summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract to decide whether to read the complete
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Executive Pay Executive pay‚ a bonus to a paycheck for CEOs of a company‚ only provides direct benefits to the owner instead of the occupants working for the boss. This is form of compensation is‚ however‚ beneficial to the company as a whole. With the CEO receiving a high salary‚ they will ultimately have more money to pay their employees more and even possibly be able to hire more people which really aids in the dwindling current economy. This however does provide some positive and some unfortunate
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Executive Pay: Who should decide? In a recent editorial in the Seattle Times‚ the editors complained that the executives of a public company‚ Simon Property Group‚ should have their salaries determined by the shareholders. Among the many things wrong with this piece is first‚ how do shareholders know anything about the performance of the executives in question? They don’t. They don’t work beside them on any kind of basis. They do not know what kind of challenges the company faced and whether the
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MEANING OF EXECUTIVE COMPENSATION Executive Compensation is defined as a financial compensation received by an executive of a firm. It typically includes elements like salary‚ bonuses‚ shares‚ stocks benefits etc. In simpler words it is a legal agreement between two consenting adult parties. It is an important aspect of Corporate Governance and is determined by the board of directors. In spite of being voluntary agreement these compensation benefits are condemned of being unjust and non transparent
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Core Competencies for Effective Executive Coaching By Michael R. Green Saint Mary ’s University of Minnesota Schools of Graduate & Professional Programs Cluster III OL633 Economic and Political Contexts Semester: Summer 2010 Gerald H. Ellis (Jerry)‚ Ed. D. July 7‚ 2010 Introduction and Purpose The purpose of this paper is to analyze the field of Executive Coaching to understand the important competencies required for coaching. More specifically‚ with numerous coaching models‚ unlimited
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Khaila Sanchez Unit 2 Essay Texas Government March 18th‚ 2015 Texas Executive Branch In elementary school and middle school I remember learning about the executive‚ judicial and legislative branch. The three little branches that did important things is all I had picked up from school. I really didn’t pay much attention to it because I was little and young and did not have to pay taxes‚ worry about tickets and much more big girl adult stuff. When I was in 10th grade I got my first
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