This article addresses four major concerns about the pay of U.S. CEOs: (1) failure to pay for performance; (2) excessive levels of pay; (3) failure to index options and other equity-based pay, resulting in windfalls; and (4) too much unwinding of incentives. The authors' main message is that most...

Public officials have recently sought increased regulation of financial disclosures from not-for-profit organizations as a means of improving accountability with the public. One objective of this study is to examine whether not-for-profit entities already subject to audit requirements submit...

1. Introduction- Daniel W. Williams and Thad Calabrese -- Part I: International and National -- 2. Macroeconomic Theory & Forecasting- Gerald D. Cohen -- 3. Evaluation of Budget Forecasts- Neil R. Ericcson and Andrew B. Martinez -- 4. Budget Preparation and Forecasting in the Federal Republic of...