ISBN-13: 9781606497944 / Angielski / Miękka / 2014 / 200 str.
ISBN-13: 9781606497944 / Angielski / Miękka / 2014 / 200 str.
The need to embed business ethics in the teaching of management disciplines has at times given rise to a debate as to whether ethics should be taught as a standalone cause or in an embedded manner. So far, the majority of the opinions favors a consensus that both approaches are relevant and should be used complementarily for optimal results. This book goes beyond the current literature by providing unique insights into the experience of seasoned academics regarding embedding business ethics into their teaching of the practice of management. Contributing scholars are featured from the following business disciplines: Decision-Making, Entrepreneurship, Finance, Management Information Systems, Negotiation, Operations especially Supply Chain Management and Service Management, Marketing, Management Accounting, Financial Accounting, Strategy, Organizational Behavior, Human Resources Management, Management Communication, Team Building, Leadership, Business Law, Macroeconomics, and Microeconomics. The book provides faculty in business schools with knowledgeable discourse about the ethical issues within their fields. The book fits into Area 1, educator guides, of the PRME Collection, as a supplementary textbook for the business student (to highlight the ethical dilemmas for all the different managerial functional roles covered in the book). For example, a chapter on embedding ethics in teaching operations management would be used by faculty and students as a supplement to the usual textbooks for operations management courses.
The chief executive officer (CEO) of a corporation and his or her executive team are responsible for the management of the business and its continued operating and financial success. The CEO and executive team are almost always highly compensated and the relative total compensation has mushroomed over time. Most of the compensation now is designed to be performance-based, but leading to charges that executives have incentives to manipulate corporate earnings and stock price in the short-term for their own self interests. The compensation at some companies became so egregious that compensation again became a major public policy issue subject to federal regulation. Executive Compensation focuses on the major topics related to executive compensation-present, past, and future. First, is understanding what executive compensation is, including composition and objectives of pay contracts. Second, how do specific compensation agreements affect corporate behavior and performance? Third, what are the major components, including how and what are accounted for and disclosed? How is compensation, especially executive compensation, accounted for-that is, what are the calculations and journal entries required? Fourth, what does historical analysis tell us about the topic, especially how contractual decisions have been made and what has worked. Finally, what is in store for the future-both expected compensation agreements and what the compensation incentives suggest for future corporate decisions on operations and accounting manipulation.