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Full-Text Articles in Business

Evaluating Long Term Political Consequences Of Economic Restructuring Programs, James Mcgee May 2008

Evaluating Long Term Political Consequences Of Economic Restructuring Programs, James Mcgee

Senior Honors Projects

Development assistance loans provided by the World Bank and International Monetary Fund are accompanied by structural adjustment programs that must be implemented as a condition of receiving the loan. These economic reforms often include currency devaluation, inflation control, increased taxation, market liberalization, decreased expenditure, and a decrease in the size of government. Populations within countries are drastically effected by these structural economic reforms as social welfare programs are often cut, government workers laid off, and the domestic economy struggles to compete in the global marketplace. The implementation of restructuring programs also constrains the policy options that are available to the …


Corporate Ethics And Ceo Compensation, Martin Mack May 2008

Corporate Ethics And Ceo Compensation, Martin Mack

Senior Honors Projects

Corporate ethics and chief executive officer (CEO) compensation will be forever linked together. The dramatic increase in recent corporate scandals has driven increased scrutiny of the enormous executive salaries that CEOs collect each year. The connection between these two topics led me to explore how executive compensation plans are designed and how ethics affect executives’ decision making. In this paper I try to determine which financial factors are the best indicators of a CEO’s compensation. I also examine how profitable a company is with an ethical CEO compared to a company with an unethical CEO. The companies I use are …