MKTG 313 Lecture Notes - Lecture 1: Insider Trading, Price Discrimination, Public Company Accounting Oversight Board
Business terms
board of directors
oversee strategic direction and provide governance for upper management actions
managers
plan, organize, lead, and control firm resources to achieve corporate goals
employees
work to provide the corporations products and perform other functions
establish and enforce governance control by:
setting corporate
objectives
developing strategies and policies
selection top managers to achieve objectives and strategies (and removing)
setting executive employee compensation
structure of the board
inside directors
outside directors
committees
typical corporate committees
executive committee
audit committee
public policy committee
compensation committee
nominating committee
executive compensation factos
salary
benefits
bonuses
stock options
personal perks
retirement and golden parachutes
corporate power stakeholders
stockholders (owners)
board of directors (overseers)
management (controllers)
employees (workers)
security and exchange commission (SEC)
find more resources at oneclass.com
find more resources at oneclass.com
