Word: effects
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...successes - most notably GlaxoSmithKline, which revamped its pay practices, aligning compensation with performance, after a "no" vote of 50.7% in 2003. (Its CEO at the time was on track to earn about $18 million.) Yet various studies have shown that in the years since say-on-pay went into effect, CEO compensation has continued to rise, anywhere between 5% and 11% annually...
...couple of important ways, the system seems to be working. In a recent paper, Fabrizio Ferri and David Maber of Harvard Business School document how, since say-on-pay went into effect in the U.K., CEO compensation has become more likely to fall when operating performance does. "'Say on pay' in the U.K. was effective in achieving one of its major goals," the authors write, "to reduce the 'rewards for failure' through a stronger link between pay and realizations of poor performance." That effect has been most pronounced at the firms handing out the biggest pay packages...
...their connection is handled subtly and without sentimentality, successfully drawing more complex portraits of the characters without sacrificing their charms.In the modern setting, the absurdity of modern academia produces plenty of comedic material, pitting Carothers’ self-serving histrionics against Benowitz’s scholarly disdain to great effect. The academic battle—between Nightingale’s reckless desire to publish his somewhat baseless conjectures about Byron and Jarvis’ pointed objections—never forsakes the intellectual high ground, but a mastery of the material allows the performance to continue on without ever seeming forced...
...provide security over a “hotspot” of the city with continual helicopter surveillance. “They felt like they were imprisoned,” she said. “”We have an ‘us versus them’ effect on the community.”Though “The Wire” focused on the open-market drug trade as a phenomenon of urban black communities, Simon disputed the notion that it was a commentary on race. “‘The Wire?...
...Last fall's testimony by Washington's top diplomat and military man in Baghdad was a high-wire act, as the surge was just beginning to take effect. A year later, lawmakers are expected to acknowledge progress on the security front, but will demand to know what's next. Eager to preserve the fragile gains, Petraeus is expected to urge a pause in U.S. troop withdrawals after this summer, when overall American troop strength in Iraq will fall from 160,000 to about 140,000. Petraeus has said he is leery of jeopardizing the gains of the past year...