This paper analyzes the effect of personal income taxation on the sensitivity of executive compensation to company performance and the use of stock option and restricted stock grants underlying this sensitivity. The theoretical model predicts that, if a single tax rate applies to the entire compensation package, an increase in the tax rate weakly diminishes the equilibrium level of managerial e...

Presently, there exists no published valid and reliable salary study of clinical perfusionists. The objective of the 2015 Perfusionist Salary Study was to gather verifiable employee information to determine current compensation market rates (salary averages) of clinical perfusionists working in the United States. A salary survey was conducted between April 2015 and March 2016. The survey requir...

The opinions expressed herein are those of the author and do not necessarily represent the official position of the Inter-American Development Bank. FOREWORD Throughout Latin America, the past decade has brought a growing national and international concern for the identity and rights of indigenous peoples. Moreover, in the context of structural adjustment programs in particular, the internation...