This paper studies how CEO pay and its composition is shaped by strategic factors related to the firm's capacity to generate rents and value, the uncertainty of its resource advantage, and the competitive interaction between firm stakeholders and top management. This is done using an analytical...

For approximately eight years, Whole Foods Market, Inc. [Whole Foods] CEO John Mackey posted messages to Yahoo! Financial online message board for Whole Foods. Rather than using his real name, Mr. Mackey like many posters to chat rooms, created an online alter ego and posted his comments under a...

Recent studies have questioned the desirability of independent boards. This paper presents and examines two principal hypotheses and four subsidiary hypotheses to explain these results. The two principal hypotheses are: 1. Corporations that have inside boards will have weak CEOs. 2. Corporations...

Departmental statistics of growth in production in the defense sector is highly distorted by liberalization of requirements to fulfillment of the state defense order on the part of the Ministry of Defense and the Military Industrial Commission. Despite the international sanctions, in 2015 the...

Indicators of output growth in the defense sector have lagged far behind the target figures. Growth in public investment rates is overtaking growth in output, thereby causing abnormal growth in prices of defense industry products and upsurge in corruption. Meeting the President's requirements on...

In the new version of the Military Doctrine, the topical issues of the Russian Military Doctrine remained unchanged in general, however, such objectives as optimization of defense expenditures, efficient planning and allocation of financial and material resources were excluded from its text,...