Sarbanes Oxely Act

The Sarbanes-Oxley Act made several diversitys that impact decision maker director manager hire arrangements. The act involves new restrictions and requirements for executive fee. It requires faster revealing when accepted owners and executives buy or sell companionship stock. more or less face-to-face loans from the company to directors and executive officers are banned. In addition, header executive officers and chief financial officers must return their bonuses and opposite bonus compensation if the company has to restate its earnings. The Sarbanes Oxley Act is a change that will restrict or eliminate long executive compensation practices. A recent example of executive compensation is in an article from CNNMvirtuosoy.com concerning Hugh Grant, the chairman and chief executive officer of Monsanto Corporation. Hugh Grant, chairman and chief executive of Monsanto (NYSE:MON) Corp., received a compensation package set at almost $10.8 one zillion mi llion million in 2007, according to a regulatory filing on Wednes twenty-four hours. Grant, 49, has served as chairman and chief operating officer of the worlds largest seed company, since May 2003.A proxy statement filed with the Securities and Exchange relegating said Grant received a base payment of $1.

13 million, incentive plan compensation of about $3 million and other compensation of $345,423, which included contributions to his savings and enthronization plan, individual(prenominal) use of corporate aircraft, home security costs, club dues, gross enhancement payments covering those club dues, tickets t o sporting events and personal transportati! on costs. He also was awarded restricted stock and stock options that had an estimated survey of $6.3 million in October 2006, when they were granted. The Associated Press calculations of total pay include executives salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year. My ruling on executive compensation is mixed because one day I would like to be the chairman and CEO of a company and...If you want to get a full essay, rules of order it on our website: OrderCustomPaper.com

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