Compensation contracts including incentive instruments not only provide executives with positive incentives to increase shareholder wealth, but also create a negative value-dilution effect for existing shareholders. This study investigates this dilemma by conducting a benefit-cost analysis under...

Taiwan's regulation used to treat employee bonuses as one of after-tax-earnings distributing items. In response to the anti-dumping charges launched by American manufacturers against Taiwanese SRAM firms, Taiwan Securities and Futures Commission issues a new directive on January 30, 2003 which...

Interest in employing gaseous fuels to internal combustion (IC) engines whether for stationary or mobile automotive applications has gained importance because of the economical, sustainable and environmental technical features associated with their usage. However, the incidence of preignition...