Executive Remuneration in Australian Companies Research Paper

Executive Remuneration in Australian Companies - Research Paper Example Thus the Australian Government policy goals mainly depend on the remuneration practice, especially the engagement and voting activities of the companies. However this research proposal would demonstrate the shareholders' interest on developing an effective executive remuneration regime for directors and executives and identify an effective remuneration regime in Australia which is needed for development and transparency of the remuneration process and practice in a causal contingency framework of convergence/divergence. Theoretical and conceptual frameworks on executive remuneration for directors of Australian companies and executives have been developed over the years to support efficiency hypothesis which invariably borders on the need to increase value of the firm in conformance with critical success factors. According to Chartered Secretaries Australia (CSA), directors and executive remuneration levels and structure have often been influenced by the existence of a variety of factors like community and political concerns, rules and regulations, code of practice and guidelines, market exchange rules and accounting standards. Under the section 9 of the Corporation Act defines remuneration of executive as "remuneration if and only if the benefit, were it received by a director of the corporation, would be remuneration of the director for the purposes of an accounting standard that deals with disclosure in companies' financial reports of information about directors' remuneration" (Australian Corpora tion & Securities Legislation, 2009). The remuneration to all the executives in an organization can be explained as the aggregate or sum of the payments receiving by all the executives including Directors, CEO, and Managers from a company or a corporation. Thus it consists of the normal payments to the executives such as basic salary, all incentives, bonus, shares and any other benefits such as allowances. Executive remuneration is a very important element of corporate governance and the level of benefits are determining by the board of directors. The determination of the level of the income of all these key individuals in accompany is a complex process to the

Cellular Network Essay Example | Topics and Well Written Essays - 1500 words

Cellular Network - Essay Example The 3rd generation based technologies consist of set of protocols, standards and new concepts which provide further advanced and improved quality based services. 3G incorporates special set of software applications, as well as hardware devices. 3G enabled technologies incorporate set of frequencies, standards and patents that are formally approved by I.T.U (International Telecommunication Union). The I.T.U is a globally approved and globally centralized entity that defines the standards and ensures global transmission of digital communication across the wireless medium. 3rd Generation based technologies come in the form of set of coding techniques that allow improved working in terms of security, speed and performance. One of the key coding techniques is that of C.D.M.A. C.D.M.A is an acronym for Code division Multiplexing Access. This comes as a successor to the T.D.M and F.D.M which were used by the 1st Generational and 2nd Generational technologies based communication. C.D.M.A provides advanced performances such as increased number of users’ facilitation, more secure transmission, less chances of interferences and breaking into the network and various other features. The 3G enabled technologies made it possible using the broadband technology speed for data transmission. It enabled Giga Bit transmissions which would be more effectively used in the 4th generation and proceeding technologies as the journey of advancements continue. 3rd generation based technologies provide variable rates subject to the platform and medium. From a static station the data rates peak up to 384 kilo bits per second. On the go transmissions vary relatively in terms of speed. On the go rates are relatively low and are up to the range of 128 kilo bits per second. Owing to the data rates variation and a feature which comes as a positive side of this technology, the 3rd generational