{"id":3941,"date":"2009-09-21T09:44:43","date_gmt":"2009-09-21T13:44:43","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=3941"},"modified":"2014-11-14T16:00:32","modified_gmt":"2014-11-14T21:00:32","slug":"seminar-looks-at-ceo-power-and-compensation-in-troubled-times","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2009\/09\/seminar-looks-at-ceo-power-and-compensation-in-troubled-times\/","title":{"rendered":"Seminar looks at CEO power and compensation in troubled times."},"content":{"rendered":"
\"Qiang<\/a>
Qiang Kang<\/figcaption><\/figure>\n

With many companies undergoing financial pressure these days, it\u2019s no surprise that CEOs have plenty to worry about. A recent seminar organized by the Department of Management and International Business at Florida International University (FIU) provided a forum for two faculty members from the University of Miami to shed some scholarly light on the topic.<\/p>\n

According to research by Qiang Kang, Finance Department, and Oscar Mitnik, Economics Department, CEOs of distressed firms experience significant reductions in total compensation during periods of financial stress, the bulk of the reduction resulting from the decline in the value of stock option grants.<\/p>\n

Approximately 20 people heard their talk, titled \u201cCEO Power and Compensation in Financially Distressed Firms,\u201d on September 11, 2009.<\/p>\n

\"Oscar<\/a>
Oscar Mitnik<\/figcaption><\/figure>\n

\u201cAlthough many have recently questioned the compensation of CEOs and monitoring by board members, this research shows that there is room for hope because stakeholders are scrutinizing and limiting CEOs\u2019 power,\u201d said Aya Chacar<\/strong>, the College of Business Administration faculty member who organizes the series. \u201cFor example, CEOs are less likely to also serve as chair or as members on the compensation committee.\u201d<\/p>\n

Series supports university\u2019s focus on research, helps build the research community.<\/em><\/p>\n

The seminar series, which began in the spring of 2007, underscores FIU\u2019s commitment to being a public research institution—giving faculty members a forum in which to share their research and enabling faculty members and PhD students to interact, which strengthens the research culture within the business school.<\/p>\n

Karen Paul<\/strong> and Moriah Meyskens<\/strong> will present on \u201cThe Evolution of Corporate Social Reporting Practices in Mexico\u201d on September 25, 2009 and William Newburry<\/strong> on October 9, 2009 on a topic to be determined. Chockalingam Viswesvaran<\/strong>, a member of FIU\u2019s psychology department, will speak about emotional intelligence on November 6, 2009. The programs take place from 10:45 a.m.-12:15 p.m. in the College of Business Complex 152.<\/p>\n","protected":false},"excerpt":{"rendered":"

With many companies undergoing financial pressure these days, it\u2019s no surprise that CEOs have plenty to worry about. A recent seminar organized by the Department of Management and International Business at Florida International University (FIU) provided a forum for two faculty members from the University of Miami to shed some scholarly light on the topic. […]<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[4],"tags":[202,408,625,1451,1948,2067,2174,2674],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3941"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=3941"}],"version-history":[{"count":1,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3941\/revisions"}],"predecessor-version":[{"id":24009,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/3941\/revisions\/24009"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=3941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=3941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=3941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}