CEOs Remuneration in Corporate Governance Codes in EU Member Countries

The purpose of the paper is to compare regulations in corporate governance codes in 27 EU countries concerning remuneration of top executives. It enables identifying two main mechanisms which are implemented in CG codes - market mechanism based on high level of remuneration transparency and hierarchical mechanism based on setting rules according to which corporate boards establish a formal procedure for fixing the remuneration packages of executives. The paper presents the discussion on determinants of these two mechanisms

Executive Remuneration Policy at Banks in Poland After the Financial Crisis - Evolution or Revolution?

The executive remuneration policy of financial institutions has been indicated as one of the key factors that led to the recent financial crisis. As a consequence a number of legislative initiatives and best practices have been imposed,aimed at strengthening existing and creating new standards of good corporate governance at banks. The purpose of this article is to assess the effectiveness of Poland’s new regulations concerning banks' executive pay, which were introduced in the aftermath of the recent financial crisis. The research results indicate that the new legal rules have not been fully enforced. Public banks in Poland are not fulfilling the reporting obligations imposed by law and international principles. Given the crucial importance of executive remuneration policy in the financial sector to the stability of the banking sector, the inability to evaluate the progress made in the adjustment of executive remuneration practices to the new regulations may be perceived as one of the important risk factors that has not been effectively eliminated or even reduced in Poland yet.Polityka wynagradzania osób zarządzających instytucjami finansowymi została zidentyfikowana, jako jeden z kluczowych czynników, który doprowadził do ostatniego kryzysu finansowego. Reakcją na dysfunkcjonalności tej polityki są liczne inicjatywy legislacyjne i środowiskowe mające na celu wzmacnianie istniejących i tworzenie nowych standardów regulujących ten obszar nadzoru korporacyjnego. Celem artykułu jest ocena skuteczności nowych regulacji obowiązujących banki publiczne w Polsce wprowadzonych po ostatniego wybuchu kryzysu finansowego. Stosowane przez banki praktyki zostaną skonfrontowane ze standardami prawnymi i środowiskowymi

Distributions of Human Exposure to Ozone During Commuting Hours in Connecticut using the Cellular Device Network

Epidemiologic studies have established associations between various air pollutants and adverse health outcomes for adults and children. Due to high costs of monitoring air pollutant concentrations for subjects enrolled in a study, statisticians predict exposure concentrations from spatial models that are developed using concentrations monitored at a few sites. In the absence of detailed information on when and where subjects move during the study window, researchers typically assume that the subjects spend their entire day at home, school or work. This assumption can potentially lead to large exposure assignment bias. In this study, we aim to determine the distribution of the exposure assignment bias for an air pollutant (ozone) when subjects are assumed to be static as compared to accounting for individual mobility. To achieve this goal, we use cell-phone mobility data on approximately 400,000 users in the state of Connecticut during a week in July, 2016, in conjunction with an ozone pollution model, and compare individual ozone exposure assuming static versus mobile scenarios. Our results show that exposure models not taking mobility into account often provide poor estimates of individuals commuting into and out of urban areas: the average 8-hour maximum difference between these estimates can exceed 80 parts per billion (ppb). However, for most of the population, the difference in exposure assignment between the two models is small, thereby validating many current epidemiologic studies focusing on exposure to ozone

EFFECT OF RACCOON (PROCYON LOTOR) REDUCTION ON BLANDING’S TURTLE (EMYDOIDEA BLANDINGII) NEST SUCCESS

The Lake County Forest Preserve District has monitored a state-endangered Blanding’s Turtle (Emydoidea blandingii) population at two adjoining nature preserves along the Illinois–Wisconsin border since 2004. Prior to predator management, 92.3% of documented and unprotected natural Blanding’s Turtle nests (12 of 13) and 88% of monitored artificial nests have been at least partially depredated. The goal of this study was to determine the efficacy of subsidized Raccoon (Procyon lotor) removal efforts in increasing the nest success of Blanding’s Turtles. During April–May 2013 and 2014, we captured and euthanized 78 Raccoons from our 2 km2 study area. We estimated pre-removal abundance estimates using the Leslie depletion method; it appeared that we removed 83–89% of the Raccoons from the study area each year and pre-removal density estimates were 37.5% lower in 2014 than 2013. During the study period, we monitored 22 Blanding’s Turtle in situ unprotected nests. In 2013, one of seven (14%) Blanding’s Turtle nests was partially depredated and no nests were completely depredated, indicative of a successful impact of Raccoon removal on Blanding’s Turtle nest success. However in 2014, nine of 15 (60%) Blanding’s Turtle nests were depredated. Our results provide some evidence that removal of Raccoons may have increased Blanding’s Turtle nest success but other factors, such as a functional response of surviving Raccoons or depredation by other subsidized predators may be contributing to decreased nest success

McCormick\u27s Complete with Installation of Bar Top

Alumnus Ben Napier delivers handcrafted piece to Inn at Ole Miss restauran

Wycena przedsiębiorstwa i wybranych składników majątkowych

Celem niniejszego rozdziału jest przedstawienie podstawowych sposobów oceny sytuacji finansowej przedsiębiorstwa w odniesieniu do jego wartości, potencjału jej tworzenia i stabilności finansowej. Po jego lekturze Czytelnik będzie potrafił zidentyfikować podstawowe determinanty wartości przedsiębiorstwa i czynniki je kształtujące, zostanie zaznajomiony z wybranymi metodami dochodowymi i rynkowymi wyceny przedsiębiorstwa. Lektura rozdziału pozwoli również na poznanie podstawowych zasad wyceny wybranych aktywów niematerialnych – znaków towarowych i marek. Czytelnik powinien też potrafić ocenić wiarygodność wyników raportu z wyceny akcji (udziałów) lub znaków towarowych.Projekt realizowany z Narodowym Bankiem Polskim w ramach programu edukacji ekonomiczne

Ole Miss Alumni Association Welcomes 2021-22 Officers

Surgeon Dr. Bob Warner begins term as presiden