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| Knowledge@Wharton |
How Credible Are Management Forecasts? Not Very A "perfect world" is one where you can take these earnings forecasts at face value. But that perfect world doesn't exist, and investors know it. Managers face tremendous incentives to strategically manipulate their forecasts to achieve particular results in the marketplace.  |
| Knowledge@Wharton |
Warning: This Corporation May Appear More Capable Than It Is In How Companies Lie: Why Enron is Just the Tip of the Iceberg, authors Elliott and Schroth stand firm in their conviction that this seemingly endless rash of corporate greed and stupidity at the highest levels is inexcusable and requires major structural changes in the business of business.  |
Knowledge@Wharton Siegel, Metrick & Gompers |
A Simple Solution to Stock Market Woes: Kill the Corporate Dividend Tax The authors argue that a simple solution to restoring investor confidence while boosting economic growth would be to eliminate one of the most detrimental taxes in the U.S. economy -- the corporate dividend tax.  |
Bio-IT World August 13, 2002 Jack Dolmat-Connell |
Cracking the Compensation Code The media and institutional shareholders have been jumping on the excessive executive compensation and stock options usage bandwagon as of late. Is executive pay in the life sciences out of control or too high?  |
Salon.com August 6, 2002 Paul Roberts |
"Buy, Lie and Sell High" In his new book, "Buy, Lie and Sell High: How Investors Lost Out on Enron and the Internet Bubble," D. Quinn Mills sets out to analyze what happened and how investment banks sold the American economy down the river.  |
CFO Julia Homer |
It's Not the Apples Throwing fruit at lawbreaking CFOs is not enough. The fact is, the system of financial reporting needs some serious repairing.  |
CFO August 1, 2002 Ronald Fink |
The Fear of All Sums To restore investor trust, many companies are disclosing more information, according to a CFO survey. But it may not be enough.  |
CFO August 1, 2002 Andrew Osterland |
Pay for Nonperformance? Executive compensation practices won't change until accounting rules for options are fixed.  |
| Knowledge@Wharton |
Will Expensing Stock Options Create New Problems? Even as politicians and the media vilify stock options, experts from Wharton and elsewhere are asking if the blame is being misdirected, and if the solutions being adopted might bring about new problems.  |
Salon.com July 25, 2002 Arianna Huffington |
The gaming of the system continues In the world of corporate accounting, just because it's legal doesn't make it right.  |
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