of “JOURNAL OF ACCOUNTING‚ AUDITING & FINANCE: Layoffs and chief executive officer (CEO) Compensation: Does CEO power influence the relationship?” Joe Joseph New York University Abstract B.C. Henderson‚ A. Masli‚ V. J. Richardson‚ and J.M. Sanchez take a closer look at the relationship between layoffs and the compensation of the chief executive officer (CEO). Through quantitative research they discover that as the number of layoffs increase‚ CEOs’ bonus compensation decreases and their
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Fundamentals of Macroeconomics Paper Kimberly Lincoln ECO/372 June 29‚ 2015 Dr. Bob Larkin Fundamentals of Macroeconomics Paper In this paper we will discuss the following common macroeconomic activities: purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes. We will look closely at how each of these activities affects government‚ households‚ and businesses. Then take a look at the flow of resources from one entity to another according to this week’s reading‚ Figure 3-1 from
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value of their business; that inventory is then sold to households (consumers). Once the goods are sold to consumers‚ the value of the goods is then transferred to the consumers. Massive Layoffs of Employees A massive layoff of employees also has an effect on the three sectors of the U.S. economy. A massive layoff affects households the most although the other two
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no legal requirements for prior notice to an employee regarding the termination of his or her job (Mullin‚ 2002). The legal requirements in layoff situations are detailed in the Worker Adjustment and Retraining Notification Act (the WARN Act). Generally‚ the WARN Act requires that a covered employer provide 60 days’ notice of a plant closing or mass layoff (Mullin‚ 2002). This act is designed to provide protection to workers‚ their families‚ and communities. One of the first legal requirements
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2011 I. Problems A. Macro 1. Reduction of current employee expenses for day-to-day operations 2. Employee morale (accepting the necessary changes for increased productivity and growth) 3. Threat of layoffs 4. Union contracts 5. Nepotism & Featherbedding B. Micro 1. No upper management support 2. No authority to make changes 3. Potential “scapegoat” or “bad guy” 4. Inofficial
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outsourcing and offshoring contribute to organizational gains by reducing costs‚ improving efficiency and increasing profitability‚ the Bureau of Labor Statistics reported in 2004‚ 60% of all layoffs entailed domestic relocation of business activities with outsourcing representing approximately 11% of all layoff actions and offshoring roughly 20% (Robertson‚ Lamin & Livanis‚ 2010). According to Argosy (2010)‚ “outsourcing business operations requires careful ethical considerations that should
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provided by the corporation and retesting and training was done to assist Mr. Ligon in order to pass the test. If race was the motivating figure in his initial layoff‚ training would not have been provided. He would have just gotten released. Bechtel Power Corp. made the layoffs because of a general reduction of the workforce. Layoffs in this type of service industry are common when the available work starts to slow down. When making effective managerial decisions‚ the worker who does not perform
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and impact to the company’s reputation should the employee publish something that puts the company is a negative light. Keywords: blogging‚ social media‚ reputation Tesla CEO Elon Musk was right when he blogged about impending layoffs just before announcing them to company employees Blogging and tweeting can have both positive and negative impacts on the image and reputation of a company. The use of social media sites‚ such as Facebook and Twitter‚ allow employers to encourage
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purchasing of groceries affects the three economical actives. Massive layoff of employees On to a more complicated matter: layoffs. As a little girl I remember wondering why my father had to be laid off and I did not think it fair at all. However‚ as I matured I understood that businesses function much like households in that they have a budget just like my family did. Because of America’s current unhealthy economy even few layoffs have a negative ripple affect on businesses and our government. For
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The global recession has led to layoffs. Layoffs will be effecting the foreigners working in different countries. The first to be fired will be the foreigners working in a country because every country would not want to keep their citizens jobless and employ a foreigner. the property and the construction business has fallen very low nearly 80%. There are no new projects coming up and some of the existing projects are being cancelled. Microsoft was asked to fire the foreign employees
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