INTRODUCTION Recent years have seen executive pay shift from cash to stock options in a bid to link pay to performance. However, this has in turn led to an explosion of executive pay that begs the question, "How much is enough?" In this essay, I will first clarify what constitutes ex...

Although ethical standards in accounting were always an issue in business the general public did not really pay attention to the issue in hand. Nevertheless resent events have brought the issues to the publics attention, because some companies have not used full disclosure in their financial reporti...

Nortel vs. Raytheon Two companies taking similar actions that are obtaining very different results What is happening to the debt position? Nortel Networks engaged in several acquisitions in 1998. The effect on their income statement was staggering. Despite $17.575 billion in revenues (a $213 mi...

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