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The managerial performance measure must be quantitative and the manner in which it is to be calculated should be specified. The managerial performance measure must ideally be linked to a benchmark comparing the company's performance with that of its peers. The managerial performance measure must not be open to manipulation by management.
Time horizon
The remuneration package must have a time horizon that is linked to that of shareholders. If shareholders wish long-term capital growth for example the remuneration package should discourage decisions whose objective is to maximise short-term profits at the expense of long term growth.
Q. Draw neat sketches showing recommended formation width for bank and cutting for concrete sleeper track on B.G. as per latest guidelines of the Railway Board for double line. Sid
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Banana Computer has a perpetual, convertible 7% annual coupon bond outstanding. The bond has a face value of $1,000 and has a conversion price of $40. The required return on an oth
what is non-current asset
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