In response to the corporate scandals in 2001-2002, the major U.S. exchanges came up with new regulations which are intended to enhance board oversight. We use this regulation event to shed light on the effect of board oversight on CEO compensation. We find that firms that were not complying with these regulations decreased their CEO compensation by between 20%-25% upon compliance, compared to ...

course, arising out of the Workmen's Compensation Act, but sometimes under common law as well ; and therefore a review of those decisions which have helped to define what an accident is may not be out of place at a medical meeting. It is curious that neither of the Workmen's Compensation Acts contained this definition, so that the meaning of the term has tended to vary case by case. Prior to th...

The primary care NP has a significant opportunity to meet the special healthcare needs of the occupational community. While NPs routinely diagnose and treat workers, writing return-to-work restrictions can pose a challenge.

Branch and Bound technique is commonly used for intelligent search in finding a set of integer solutions within a space of interest. The corresponding binary tree structure provides a natural parallelism allowing concurrent evaluation of subproblems using parallel computing technology. While the master-worker paradigm is successfully used in many parallel applications as a common framework to i...

According to empirical evidence, extrinsic incentives often crowd out intrinsic motivation, thus reducing the effort choices of workers. This article presents a simple model illustrating how the introduction of monetary incentives causes a discontinuous reduction in worker effort as well as a reduction in worker motivation to act in the interest of a principal. The primary finding is that motiv...

The paper furthers the neoclassical theory of earnings inequality. The inequality multiplier is derived as the amount by which inequality in skills must be multiplied to yield earnings inequality. Neutral technological change and the real interest rate affect inequality by changing capital per worker. The effect of capital per worker on the inequality multiplier is related to skill differential...

One field in the wide area of simulation applications is the field of manufacturing systems. Within it the human factor is of growing interest. To increase the efficiency and productivity of a company besides investment in new technologies the introduction of alternative working structures becomes more and more important. For the modeling of working structures the modeling of workers is signifi...

Generally, human resources play an important role in manufacturing systems as they can affect the work environment. One of the most important factors impressing on worker performance is there being an interactional interest between workers in workshops. In this paper, we deal with this new concept in cellular manufacturing systems (CMS). Besides the existence of interactional interest, workers ...

Reproductive and worker division of labour (DOL) is a hallmark of social insect societies. Despite a long-standing interest in worker DOL, the molecular mechanisms regulating this process have only been investigated in detail in honey bees, and little is known about the regulatory mechanisms operating in other social insects. In the fire ant Solenopsis invicta, one of the most studied ant speci...