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Income Inequality and the CEO Pay Ratio at TJX Cos
By Akari Furukawa, Ethan Rouen. 2019
TJX Companies reported a CEO pay ratio of 1,596-to-1 in 2019, leaving board chair Carol Meyrowitz with a host of…
questions about whether, and how, she could take action to address concerns raised by having one of the highest pay ratios in the S&P 500. As a retail company, TJX had 270,000 employees, many making about $10 an hour. On the other hand, CEO Ernie Hermann made $19 million in 2019 as he successfully steered the company through the tumultuous retail environment. Meant to be read in tandem with the research note "Income Inequity and Income Inequality," this case examines the current disclosures companies make related to income inequality and asks whether they are sufficient or how they can be improved. This discussion around disclosure also provides opportunities to examine the role of the firm in creating income inequality and how the firm should balance its obligations to shareholders and employees when those obligations may be in conflict. Lastly, the case and note address the CEO pay setting process to give students an understanding of how pay is determined.Rajat Gupta
By Eugene Soltes, Paul M. Healy. 2016
Rajat Gupta, former managing director of McKinsey & Company, a director of Goldman Sachs, Proctor & Gamble, and AMR, and…
a well-known philanthropist, was convicted of engaging in insider trading. The case explores Gupta's rise and the later legal problems he faced.The Law of Tax-Exempt Organizations: 2024 Cumulative Supplement
By Bruce R. Hopkins, Shane T. Hamilton. 2024
Understand the newest developments in the law and regulation of tax-exempt organizations In the 2024 Cumulative Supplement to The Law…
of Tax-Exempt Organizations, 12th Edition, a team of experienced and renowned attorneys delivers the latest developments in the ever-evolving tangle of laws and regulations impacting on the operation of tax-exempt entities in the United States. You’ll find discussions of the most recent Treasury Department regulations, Internal Revenue Service revenue rulings and revenue procedures, and federal court opinions (and the occasional state court opinion of particular importance) from 2023 and 2024. The authors explore new private letter rulings from the IRS, updating the public on their position on a wide array of issues with day-to-day applicability to tax exempt organizations. You’ll also find: Incisive and authoritative analysis of recent federal court decisions impacting the managers, officers, and directors of tax-exempt organizations The authors’ valuable insights into the efficacy and correctness of the various rulings, procedures, and opinions from government agencies issued since 2023 Careful consideration of the effect of the growing number of laws, regulations, and procedures impacting the management of tax-exempt entitiesPerfect for the managers, directors, and officers of tax-exempt organizations, the 2024 Cumulative Supplement to the 12th edition of The Law of Tax-Exempt Organizations will also prove invaluable to the lawyers, accountants, and other professionals who serve them.Cash Is King: Maintain Liquidity, Build Capital, and Prepare Your Business for Every Opportunity
By Peter W. Kingma. 2024
An illuminating exploration of the importance of your company's cash position and the steps you can take to ensure organizational…
liquidity In Cash is King, working capital and cash strategist Peter W. Kingma delivers an insightful and practical discussion of why your company's cash position should be on an equal footing with sales, cost, and service, and how to make that happen. You'll learn why cash is the fuel in your corporate engine and discover the attributes of an organizational cash culture and how to adopt them within your own firm. While explaining some of the most important—and most misunderstood—corporate finance concepts, this book is not a finance textbook. Instead, it uses case study examples to offer concrete suggestions for improvements in your company that increase the availability of cash when you most need it. You'll also find: Discussions of the importance of sufficient liquidity for operational concerns, research and development, and capital improvements Explorations of the consequences of insufficient cash positions Examinations of the ripple effects of seemingly small decisions that affect cash supply An essential resource for managers, executives, and business leaders everywhere, Cash is King is an effective and hands-on exploration of cash as the lifeblood of any modern commercial entity and an incisive guide to ensuring that your company will have enough of it when its required.How K-Dramas Can Transform Your Life: Powerful Lessons on Belongingness, Healing, and Mental Health
By Jeanie Y. Chang. 2024
Discover the power of how K-Dramas can improve your wellbeing and provide a sense of belonging Love K-Dramas and want…
more permission to binge watch them? In How K-Dramas Can Transform Your Life: Powerful Lessons on Belongingness, Healing, and Mental Health, Licensed Marriage and Family Therapist Jeanie Y. Chang explores what K-Dramas can teach us about our own well-being and how we can use the lessons they teach us to live better and more meaningful lives. She also touches upon the powerful interrelationship between K-dramas, mental health, and belongingness. Topics covered include: Using K-Dramas as a roadmap to life, showing you how to navigate speed bumps, roadblocks, twists, turns, and dead ends Building cross-cultural relationships that you otherwise may not have without being a K-Drama fan Processing grief from the loss of a loved one to a loss of anything—a job, your physical safety, a relationship, or something else Harnessing the idea of Jeong, which is innate in Korean society and refers to the emotional sentiment of affinity, affection, kinship, and connection which is the thread throughout Jeanie's community Working the author’s trademarked mental health framework, Cultural Confidence®, to build up your mental health, identity, mindfulness, and resilience For K-Drama fans and enthusiasts and anyone curious about the influence of pop culture, How K-Dramas Can Transform Your Life is an entertaining and educational must-read on how this enormously popular global phenomenon can help us become the best versions of ourselves.Patterns: Theory of the Digital Society
By Armin Nassehi. 2024
We are inclined to assume that digital technologies have suddenly revolutionized everything – including our relationships, our forms of work…
and leisure, and even our democracies – in just a few years. Armin Nassehi puts forward a new theory of digital society that turns this assumption on its head. Rather than treating digital technologies as an independent causal force that is transforming social life, he asks: what problem does digitalization solve? When we pose the question in this way, we can see, argues Nassehi, that digitalization helps societies to deal with and reduce complexity by using coded numbers to process information. We can also see that modern societies had a digital structure long before computer technologies were developed – already in the nineteenth century, for example, statistical pattern recognition technologies were being used in functionally differentiated societies in order to recognize, monitor and control forms of human behaviour. Digital technologies were so successful in such a short period of time and were able to penetrate so many areas of society so quickly precisely because of a pre-existing sensitivity that prepared modern societies for digital development. This highly original book lays the foundations for a theory of the digital society that will be of value to everyone interested in the growing presence of digital technologies in our lives.Data-Driven Innovation in the Creative Industries (Routledge Research in the Creative and Cultural Industries)
By Melissa Terras, Vikki Jones, Nicola Osborne, Chris Speed. 2024
The creative industries – the place where art, business, and technology meet in economic activity – have been hugely affected…
by the relatively recent digitalisation (and often monetisation) of work, home, relationships, and leisure. Such trends were accelerated by the global COVID-19 pandemic. This edited collection examines how the creative industries can be supported to make best use of opportunities in digital technology and data-driven innovation.Since digital markets and platforms are now essential for revenue generation and audience engagement, there is a vital need for improved data and digital skills in the creative and cultural sectors. Taking a necessarily global perspective, this book explores the challenges and opportunities of data-driven approaches to creativity in different contexts across the arts, cultural, and heritage sectors. Chapters reach beyond the platforms and approaches provided by the technology sector to delve into the collaborative work that supports innovation around the interdisciplinary and cross-sectoral issues that emerge where data infrastructures and approaches meet creativity.A novel intervention that uniquely centres the role of data in the theory and practice of creative industries’ innovation, this book is valuable reading for those researching and studying the creative economy as well for those who drive investment for the creative industries in a digitalised society.The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 International license.The Routledge Handbook of Transregional Studies (Routledge History Handbooks)
By Matthias Middell. 2019
The Routledge Handbook of Transregional Studies brings together the various fields within which transregional phenomena are scientifically observed and analysed.…
This handbook presents the theoretical and methodological potential of such studies for the advancement of the conceptualization of global and area-bound developments.Following three decades of intense debate about globalization and transnationalism, it has become clear that border-crossing connections and interactions between societies are highly important, yet not all extend beyond the borders of nation-states or are of truly world-wide reach. The product of extensive international and interdisciplinary cooperation, this handbook is divided into ten sections that introduce the wide variety of topics within transregional studies, including Colonialism and Post-Colonial Studies, Spatial Formats, International Organizations, Religions and Religious Movements, and Transregional Studies and Narratives of Globalization. Recognizing that transregional studies asks about the space-making and space-formatting character of connections as well as the empirical status of such connections under the global condition, the volume reaches beyond the typical confines of area and regional studies to consider how areas are transcended and transformed more widely.Combining case studies with both theoretical and methodological considerations, The Routledge Handbook of Transregional Studies provides the first overview of the currently flourishing field of transregional studies and is the ideal volume for students and scholars of this diverse subject and its related fields.Ardian: Portfolio Company Governance
By Emer Moloney, Lynn Sharp Paine, Tonia Labruyere. 2017
Leaders of the mid cap buyout group at Ardian, the Paris-based private equity firm led by Dominique Senequier, have been…
asked to review and assess the governance model the firm uses for majority-owned companies in its portfolio. The case describes the governance model and then shows how it has worked in practice at two companies: Italy's orthopedic implant maker Lima Corporate and French chemical company Novacap. For each company, the case describes how Ardian decided on the investment and established a board of directors, and details the deliberations around some of the critical decisions made by each board during Ardian's tenure as majority shareholder. Through the two examples of Lima and Novacap, the case invites students to evaluate Ardian's approach to corporate governance in its portfolio companies and to recommend possible changes or improvements.Golosa: A Basic Course in Russian, Book Two
By Richard M. Robin, Karen Evans-Romaine, Galina Shatalina. 2023
ГОЛОСА: A Basic Course in Russian, Book Two (Sixth Edition), takes a contemporary approach to language learning by focusing on…
the development of functional competence as well as the expansion of cultural knowledge.The sixth edition of this bestselling communicatively based text for Russian has been updated by putting a greater focus on contemporary culture and simplified, visual grammar explanations that will better engage students. The program also covers the basic morphology of Russian (declension, case government, conjugation). The program has been a bestseller as a college Russian textbook through five editions since 1993.Following on from Golosa Book One, Golosa Book Two is divided into ten units. Organised thematically, each unit contains dialogs, texts, exercises, and other material designed to enable students to read, speak, and write about the topic, as well as to understand simple conversations. The systematic grammar explanations and exercises enable students to develop a conceptual understanding and partial control of all basic Russian structures. This strong structural base enables students to accomplish the linguistic tasks and prepares them for further study of the language. Book Two is designed to bring students to the ACTFL Intermediate range in speaking (A2/B1 on the CEFR scale).Print and eTextbooks are accompanied by a Student Workbook and a rich companion website (www.routledge.com/cw/golosa) offering audio and video material, instructor resources and fully integrated exercises to use alongside the text. The companion website, powered by Lingco, is available for separate purchase from Lingco. Teachers can preview the new companion websites and create their courses. Free audio and video resources are also available at www.routledge.com/cw/golosa, including the Instructor Resources. For resources on how to set up and customize your course, please visit the Help Center on the Lingco Language Labs website at www.lingco.io. It includes articles that explain how the platform works and what you can do with it. Students may join their teacher’s course on Lingco and will be able to enter their access code or purchase access at any point in the 14-day grace period that begins on the first date of access. Students receive 12 months of access that begins after a free 14-day grace period.Spotting Institutional Voids in Emerging Markets
By Krishna G. Palepu, Tarun Khanna. 2005
With the demise of communism, many countries in the world are striving to build their economic activity around markets and…
to participate in free trade arrangements, such as the World Trade Organization (WTO), European Union (EU), and North American Free Trade Agreement (NAFTA). Addresses several issues critical to understanding the unique nature of emerging markets relative to their more mature counterparts. What is the fundamental challenge in building well-functioning markets? On which sets of institutions do advanced markets rely to resolve these challenges? What makes building these institutions complex? What happens when some of these institutions are either absent or underdeveloped in an economy? How does one spot these institutional voids?Snap Inc. Goes Public (A)
By Lynn Sharp Paine, Will Hurwitz. 2017
Snap Inc.'s chairman must decide how to address investor concerns about the company's unprecedented plans to issue only non-voting shares…
in its upcoming IPO. The case is set in early 2017 following the public availability of Snap's IPO filing with the U.S. Securities and Exchange Commission (SEC). It describes the company's meteoric rise from its conception by its young founders in 2011 to its multi-billion dollar valuation. When Snap filed for its long-anticipated IPO that could value it at more than $20 billion, it described its plans to go public with three share classes providing public investors shares with no votes on matters customarily put to a shareholder vote and allowing its two co-founders control over such matters. The case details the checkered history of multiple share class structures, highlights arguments for and against them, and explores the potential implications for index funds. Investors managing over $3 trillion sent a letter to Snap Chairman Michael Lynton and Co-Founders Evan Spiegel and Robert Murphy asking them to reconsider the share structure just one day after the company's S-1 was made public. As controversy mounted and with the IPO possibly just a month away, Lynton must decide how to respond to the investors' letter.Wendell Weeks at Corning Inc.: Extending a History of Life-Changing Innovations
By Aldo Sesia, David G. Fubini, Ryan L. Raffaelli. 2019
This case examines the leadership challenges associated with maintaining a culture of innovation in established organizations. It asks students to…
step into the shoes of a leader faced with making several tough decisions about when to invest (or to stop investing) in radical innovation projects. Corning CEO Wendell Weeks, who nearly bankrupted the company in the early 2000s when he overinvested in fiber optics, must initially decide if the company should enter a then-risky deal with Steve Jobs to produce the glass covers for the first generation iPhones. The case then asks students to analyze the Corning's 157-year innovation agenda that started with the development of a bulb-shaped glass encasement for Thomas Edison's new incandescent lamp. In the years that followed, Corning made investments that led to products such as PYREX cookware, fiber-optic broadband cable, LCD television screens, Gorilla Glass, and a recent bet on pharmaceuticals. At the end of the case, Weeks must decide if Corning should continue to invest in a new pharmaceutical packaging product that held enormous promise, but had already cost the company $200 million in R&D and might divert resources and attention from other key business lines.M-KOPA: Empowering Lives
By Pippa Tubman Armerding, V. Kasturi Rangan, Wale Lawal. 2021
The Pay As You Go solar power company in East Africa had sales of $71 million in 2019. It wished…
to grow to $300 million by 2025. M-KOPA, founded by three entrepreneurs in 2011, had grown nicely in Kenya and Uganda to reach nearly 750,000 households with an innovative direct sales force model. Jesse Moore, the founder, wished to scale the company through organic growth as well as geographical expansion into Nigeria. The strategy called for decisions on product/service offerings and go-to-market options. On the product side the company had increasingly migrated to larger in-home connected electronic and electrical devices. It had to decide how much further to go. On the go-to-market side its innovative Direct Service Representative network was hard to create and manage, and it had to think if there were viable alternatives.Aleph Farms: A New Culture of Meat
By Elie Ofek, Jeff Huizinga. 2022
Aleph Farms, an Israeli food-tech start-up, was hoping to play a major role in disrupting the conventional meat sector. Compared…
to intensive agricultural practices, Aleph's cultured (or lab-grown) meat solution held the promise of considerably reducing greenhouse gas emissions, as well as the use of land and water, while providing a new source of food for a rapidly growing world population. With much of the science already worked out, the company was now facing a host of challenges as it planned to launch its first product-a cultured steak. In particular, Aleph's CEO, Didier Toubia, and his management team had to figure out the best way to position and bring to market its innovative steaks, with a debut expected in late 2022 in Singapore. Management fully recognized potential barriers to consumer adoption and strived to build a relevant brand image. On the production side, the company knew it had to scale quickly and continue to bring down costs so that its steaks approached price parity with conventional meat. Yet given the intensive capital expenditures involved, this was no simple feat. Planning for the longer term, the company was beginning to consider its next product line.Land Rights, Ethno-nationality and Sovereignty in History (Routledge Explorations in Economic History)
By Stanley L. Engerman, Jacob Metzer. 2004
Gender in Management
By Gary N. Powell. 2024
In the Sixth Edition of Gender in Management, author Gary N. Powell provides a comprehensive survey and review of the literature…
on sex, gender, and organizations. With the title change from Women and Men in Management to Gender in Management, the new edition adopts a more inclusive lens that acknowledges the diverse identities and experiences within the gender spectrum. Fully updated sections on intersectionality, public events such as COVID-19 and the Black Lives Matter movement, and the prevalence of AI in hiring decisions provide context to the evolving nature of gender in the workplace and society. Powell provides specific research-based strategies for promoting an organizational culture of nondiscrimination, diversity, and inclusion.Gender in Management
By Gary N. Powell. 2024
In the Sixth Edition of Gender in Management, author Gary N. Powell provides a comprehensive survey and review of the literature…
on sex, gender, and organizations. With the title change from Women and Men in Management to Gender in Management, the new edition adopts a more inclusive lens that acknowledges the diverse identities and experiences within the gender spectrum. Fully updated sections on intersectionality, public events such as COVID-19 and the Black Lives Matter movement, and the prevalence of AI in hiring decisions provide context to the evolving nature of gender in the workplace and society. Powell provides specific research-based strategies for promoting an organizational culture of nondiscrimination, diversity, and inclusion.How to Be the Love You Seek: the instant Sunday Times bestseller
By Dr Nicole LePera. 2023
UK bestseller, Sunday Times, December 2023'I love Dr Nicole LePera. She helps me a lot.' GWYNETH PALTROW'A practical and inspiring…
primer on how to extend true connection and love to others and to our hurting world.' DR GABOR MATE´'A loving, patient, and powerful guide to creating happy, fulfilling life relationships of all kinds. How to Be the Love You Seek is a masterwork of awareness and compassion.' JAY SHETTYA radical new path to revolutionise your relationships Why are our closest relationships so often a source of more stress than solace? Whether the relationship is with a romantic partner, a parent, child, friend or colleague, the dynamic is frequently the same - you'd like the relationship to change for the better, yet nothing you try seems to work. Author of international bestseller How to Do the Work, Dr Nicole LePera has heard these frustrating patterns of loneliness, disconnection, and resentment described time and again, both from patients in her clinical practice and from her global online community. In this groundbreaking book she offers a new path to healing our relationships by tapping into the power of the heart.How to Be the Love You Seek harnesses the latest scientific research to teach us how to recognise our dysfunctional patterns, identify their roots in our earliest relationships, break painful cycles, build security and share compassion with ourselves and others. Through stories, exercises, journal prompts, and other practical tools, Dr LePera empowers us first to strengthen our foundation of self-love, paving the way for deeper, more harmonious connections with those around us.When you become the love you seek, you have the power to transform every relationship, from your most intimate partnerships to the bonds that hold our communities together.Uncomfortably Off: Why Addressing Inequality Matters, Even for High Earners
By Marcos González Hernando, Gerry Mitchell. 2023
In highly unequal societies such as the UK, where the top 10% take a higher share of disposable income than…
in most other European countries, many feel resentment towards high earners. On paper, they are doing well, but inequality isn’t even working for them. Uncomfortably Off reveals that those generally considered to be the most affluent feel anxious about the future and struggle to keep up, or even to stay put. They are starting to doubt their common sense ideas about hard work and meritocracy as work pays less and less and life is becoming more uncomfortable. This book makes two crucial arguments. First, reducing income inequality will benefit everyone, even those quite near the top. Second, we need to understand the anxieties of high earners to understand their politics. As leading managers and professionals they have disproportionate influence on the institutions that rule over our public life. Their interests are ultimately not that dissimilar from those of the median earner: being able to afford a good quality of life in an ever more expensive and uncertain world. The hope of this book is to prompt high earners to question accepted truths and long-held beliefs that affect how they see themselves and judge others. In doing so, it seeks to help us all understand why dismissing the concerns of this group will not help in the fight to solve inequality.