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Full-Text Articles in Business
How The Madoff Fraud Could Affect Your Cpa Practice, Stephen Scarpati
How The Madoff Fraud Could Affect Your Cpa Practice, Stephen Scarpati
WCBT Faculty Publications
With an estimated $65 billion lost from trust funds, retirement plans, pensions, investment funds, inheritance monies, and nonprofit organizations, many people have been adversely affected by the Ponzi scheme perpetrated by Bernard L. Madoff. When you combine a lot of lost money with a lot of angry people, the result is a lot of lawsuits. The breadth of those lawsuits will encompass all associated with the affected organizations--including CPAs. Those messages were loud and clear at the May 27, 2009, breakfast symposium "Are CPAs the Next Madoff Victims? The Accountant's Liability," sponsored by The CPA Journal.
Ceo Compensation And Us High-Tech And Low-Tech Firms' Corporate Performance, Eunsup Daniel Shim, Jooh Lee, In Ki Joo
Ceo Compensation And Us High-Tech And Low-Tech Firms' Corporate Performance, Eunsup Daniel Shim, Jooh Lee, In Ki Joo
WCBT Faculty Publications
Many factors contribute to the determination of top executive compensation. This paper explores and examines the systematic difference of high-tech and low-tech CEO pays. It examines the relationship between top executive compensation and an Organizational factor, a Market factor and an Accounting factor. It tests CEO’s salary, bonus, and long-term compensation with respect to corporate reputation, ROE, Tobin’s Q, CEO shareholding and firm size.
The results show that CEOs’ Salaries at high-tech firms shows a significantly positive relationship with ROE, Tobin’s Q, and corporate reputation, while only corporate reputation shows a significant relationship with CEOs’ salaries at low-tech firms. In …