In the last year, numerous cases of backdating stock options have come to light. Apple has been the most high profile company to be embroiled in the scandal. Apple CEO,... read more →
Our annual report is a synopsis of Chief Executive Officer and Chief Financial Officer compensation in the U.S. gaming industry. Although the report is geared towards board directors and compensation... read more →
Professor Robert Frank is up to his old tricks. In his recent New York Times article, "Hey Big Spender: You Need a Surtax", he proposes new taxes on the top... read more →
I was always skeptical of my economics professors at Cornell. I simply did not understand their jargon and apparent lack of practical realities. I despised the 'bell curve' and its... read more →
In the literary masterpiece, The Bhagavad-Gita, it says, "Through selfless service, you will always be fruitful and find the fulfillment of your desire". Service is the essence of the hospitality industry,... read more →
On July 31st, the U.S. House of Representatives passed bill HR 3269 that gives public company shareholders an advisory vote on executive compensation. In addition, the bill endeavors to "prevent... read more →
'Better the devil you know' has been the mantra of company boards over the past year when considering who runs the business. In a world of financial turmoil, the hotel industry... read more →
Picture the scene. You are a director of a publicly traded company and you know that your company's stock price has topped out. Keen to cash out before the share... read more →
As a year ridden with corporate scandal drew to a close it seemed fitting that President Bush nominated a new chairman of the US Securities and Exchange Commission. William Donaldson,... read more →
In the year 2000 McKinsey & Company published 'The War for Talent', a survey of people management practices at major US-based corporations, and found that "talent has been the most... read more →