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The Theory and Practice of Directors' Remuneration: New Challenges and Opportunities, by Alexander Kostyuk
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The recent financial crisis has led to a loss of trust in corporate governance and in particular on remuneration practices and the propensity for these to create excessive risk-taking - particularly in the financial sector. The main objective of this book is to outline recent practical and theoretical issues and examine emerging new approaches towards directors' remuneration in the post-crisis period. Written by an established network of international experts, the book provides new data in both cross-sector and cross-country analyses and therefore provides a unique opportunity to compare results and institutional practices across sectors and nations. The book argues for a correct balance between risk and reward and for Directors' compensation to be equitable to all parties and stakeholders. By examining the current theories, practices and regulations and explaining them in detail it provides a state of the art snapshot of one of the key corporate governance issues of our time. It will be essential reading for graduate students, researchers, lecturers and practitioners in corporate governance and auditing as well as all students in finance, accounting, management and law.
- Published on: 2016-01-06
- Original language: English
- Number of items: 1
- Dimensions: 9.10" h x .80" w x 6.00" l, .84 pounds
- Binding: Hardcover
- 304 pages
Review
Editors Kostyuk, Stiglbauer, and Govorun present readers with a collection of expert opinions and scholarly essays on the theory, process, and application of determining appropriate remuneration for corporate directors in the face of the recent financial crisis. The editors have organized the selections that make up the main body of the text in three sections focused on the theory of corporate governance and directors remunerations, a cross-industrial analysis of remuneration practices, and a cross-country analysis of remuneration practices. Alexander Kostyuk and Dmitriy Govorun are faculty members of the Ukrainian Academy of Banking. Markus Stiglbauer is a faculty member of Friedrich-Alexander-Universit�t, Germany. Distributed in North America by Turpin Distribution. --Annotation �2016 Ringgold Inc. Portland, OR (protoview.com)
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