In corporate finance 12th edition pdf download, we have made many changes to the original text, including a few updates. The new edition now includes new chapters on corporate finance with updated sources and new examples.
The last couple of years have seen a surge in corporate finance books. But, a few of the newest to hit the market are the ones that focus on corporate finance topics like compensation, bonuses, executive pay and stock options. That’s because they are based on the “big picture” of how companies are run.
While compensation is one of the most important topics in executive pay, its importance is not without its flaws. Compensation systems often fail to cover the full scope of the work that needs to be done. For instance, a manager may perform two functions in a single day. First he may find that he has a ton of work to do and perform the work in his own time. Then, he may take on even more work at the end of the day.
We have been trained to think of compensation as a fixed sum of money that is always there. However, this is not the only way to look at compensation. Also, compensation can be broken down into several parts. For instance, there is the fixed amount that is paid at the end of the day, the hourly rate paid to the employee, and the bonus that can be earned after the work is completed.
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