Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Decisions about managerial remuneration packages?
In recent years there has been an improved emphasis on decisions about managerial remuneration packages being removed from the control of managers who benefit from them. The utilization of remuneration committees in listed companies is an example of this. The neutral decisions of non-executive directors it is believed will eliminate or reduce managerial self interest and encourage remuneration packages that support the achievement of shareholder rather than managerial goals.
Suitable management remuneration packages for RZP Co Remuneration packages may be based on a performance measure linked to values in the income statement. A bonus could be honoured for instance based on profit before tax, growth in turnover or earnings (earnings per share). Such performance measures could initiate maximisation of profit in the short-term rather than in the long-term for example by deferring capital expenditure required to reduce environmental pollution and may encourage managers to manipulate reported financial information in order to achieve bonus targets. They could as well lead to sub-optimal managerial performance if managers do enough to earn their bonus but then reduce their efforts once their target has been achieved.
RZP Co has achieved earnings growth of in excess of 20% in both 2003 and 2004 but this is likely to reflect in part a recovery from the negative earnings growth in 2001 since over the five-year period its earnings growth isn't very different from its sector's (it may be worse). If the annual earnings growth were to be part of a remuneration package for RZP Co earnings growth could perhaps be compared to the sector and any bonus made conditional upon ongoing performance in order to discourage a short-term focus.
RECOMENDATION REGARDING THE CURRENT SOUTH AFRICAN VAT SYSTEM
Effect of disclaimer The trustee may disclaim onerous property consisting of: Land burdened with onerous covenants; Stocks and shares; Unprofitable contracts, or
Omission to do something which a reasonable man, guided by those ordinary considerations that ordinarily regulate human affairs, would do or doing of something that a reasonable an
Answer to Question Six Summarised consolidated statement of comprehensive income for the A group for the year ended 30 September 2010 All workings
Q. What is Lifetime Learning Credit? Lifetime Learning Credit - This allows a credit for 20 percent of qualified tuition and fees paid by taxpayer with respect to one or more s
A quick glance at the trend in the Operating and Net Profit Margin figure indicates an improvement in the margins over the 2 year period. As is evident from the graph above HAIL du
What is the sales price of common stock when it was issued?
Differences in Inter company balances i) Cash in transit Where one company may have sent cash which is yet to be received by the other company as at the end of the financia
Illustration of consolidated balance sheet H Ltd owned S Ltd since the date of incorporation of S Ltd. The balance sheets of the two companies as at 31 December 20X2 is as fo
Question: A proprietary life company issues only non-profit guaranteed growth bonds. The company invests only in equities with an expected return of 10% p.a, the risk free rate
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd