Donald Salter Communications, Inc.
Saved in:
| Title: | Donald Salter Communications, Inc. |
|---|---|
| Description: | A new CEO is hired to manage the turnaround of a family-owned newspaper publisher. In a departure from previous management, he implements a new compensation scheme that explicitly ties executive pay to market-value-based measures of firm performance. Because the company is not publicly traded, payoffs under the executive compensation plan are based on the firm's appraised value. Determining a value for this company (including any value created by the turnaround manager) is a complicated exercise. Additional complications arise because the firm's value also determines potential cash distributions to family members who wish to sell their shares back to the company. Certain family goals may also be inconsistent with the CEO's objective of maximizing the present value of the firm's assets. |
| Authors: | Jeremy Cott, Stuart C. Gilson |
| Resource Type: | eBook. |
| Categories: | BUSINESS & ECONOMICS / General |
| Database: | eBook Collection (EBSCOhost) |
| FullText | Links: – Type: ebook-pdf Text: Availability: 0 |
|---|---|
| Header | DbId: nlebk DbLabel: eBook Collection (EBSCOhost) An: 2311718 RelevancyScore: 959 AccessLevel: 6 PubType: eBook PubTypeId: ebook PreciseRelevancyScore: 959.155151367188 |
| IllustrationInfo | |
| ImageInfo | – Size: thumb Target: https://rps2images.ebscohost.com/rpsweb/othumb?id=NL$2311718$PDF&s=r – Size: medium Target: https://rps2images.ebscohost.com/rpsweb/othumb?id=NL$2311718$PDF&s=d |
| Items | – Name: Title Label: Title Group: Ti Data: Donald Salter Communications, Inc. – Name: Abstract Label: Description Group: Ab Data: A new CEO is hired to manage the turnaround of a family-owned newspaper publisher. In a departure from previous management, he implements a new compensation scheme that explicitly ties executive pay to market-value-based measures of firm performance. Because the company is not publicly traded, payoffs under the executive compensation plan are based on the firm's appraised value. Determining a value for this company (including any value created by the turnaround manager) is a complicated exercise. Additional complications arise because the firm's value also determines potential cash distributions to family members who wish to sell their shares back to the company. Certain family goals may also be inconsistent with the CEO's objective of maximizing the present value of the firm's assets. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Jeremy+Cott%22">Jeremy Cott</searchLink><br /><searchLink fieldCode="AR" term="%22Stuart+C%2E+Gilson%22">Stuart C. Gilson</searchLink> – Name: TypePub Label: Resource Type Group: TypPub Data: eBook. – Name: SubjectBISAC Label: Categories Group: Su Data: <searchLink fieldCode="ZK" term="%22BUSINESS+%26+ECONOMICS+%2F+General%22">BUSINESS & ECONOMICS / General</searchLink> |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=2311718 |
| RecordInfo | BibRecord: BibEntity: Languages: – Code: eng Text: English Titles: – TitleFull: Donald Salter Communications, Inc. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Jeremy Cott – PersonEntity: Name: NameFull: Stuart C. Gilson – PersonEntity: Name: NameFull: Jeremy Cott – PersonEntity: Name: NameFull: Stuart C. Gilson IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 01 Type: published Y: 1995 Titles: – TitleFull: Donald Salter Communications, Inc. Type: main |
| ResultId | 1 |