This paper examines the use of incentive pay schemes within the financial services sector in London. Various theories of wage determination are reviewed with particular attention placed on the principal-agent literature as a framework for analysing the use of incentive pay. This is combined with...

The current financial crisis has given rise to calls to toughen considerably the codes of corporate governance put in place in many countries to regulate corporate behaviour (e.g. the UK Combined Code). These codes vary slightly in form but tend to contain a mix of non-discretionary regulations...

In the wake of the financial crisis, shareholders are increasingly relied upon to monitor directors. But while much has been written about directors' flawed judgments, remarkably little is known about shareholders' ability to make accurate judgments. What determines whether shareholders make the...

This paper provides an effective tool «fraud risk map« for organizations and auditors in mathematic assessment procedures, with real, tangible results, regarding the organization’s fraud risk exposure. Overcoming the fade and purely theoretical risk assessment methods («based on...

The paper aims to characterize the multicultural personality (behavior dimensions) in the case of two groups of students in order to identify ways for their multicultural skills development. The research sample allowed the results comparison between a witness group consists of Romanian students...

Anti-fraud strategy deployment in organization has a positive impact, demonstrated by reducing the probability of occurrence, detection time and materiality for fraud, however protecting corporate reputation, brand, management credibility, and business itself. Involving accounting profession in...

The paper aims to characterize the multicultural personality (behavior dimensions) in the case of two groups of students in order to identify ways for their multicultural skills development. The research sample allowed the results comparison between a witness group consists of Romanian students...

Servant Leadership (Greenleaf, 1970) and Transformational Leadership (Burns, 1978) are the main subjects in organizational research beginning with the ’70. During this period the ideas where conceptualized, studies where done to observe the effects of applying the styles inside the...

Servant Leadership (Greenleaf, 1970) and Transformational Leadership (Burns, 1978) are the main subjects in organizational research beginning with the ’70. During this period the ideas where conceptualized, studies where done to observe the effects of applying the styles inside the...

The current essay focuses on the need for formal education in the area of intercultural communication and training of intercultural competences. It builds on cultural identity and diversity literature, on the experiment conducted in the Low Countries in introducing a new topic for students from...