Hybrid Artificial Intelligent Systems

Hybrid Artificial Intelligent Systems
Author: Jeng-Shyang Pan
Publisher: Springer
Total Pages: 710
Release: 2013-08-15
Genre: Computers
ISBN: 364240846X

This volume constitutes the proceedings of the 8th International Conference on Hybrid Artificial Intelligent Systems, HAIS 2013, held in Salamanca, Spain, in September 2013. The 68 papers published in this volume were carefully reviewed and selected from 218 submissions. They are organized in topical sessions on Agents and Multi Agents Systems; HAIS Applications; Classification and Cluster Analysis; Data Mining and Knowledge Discovery; Video and Image Analysis; Bio-inspired Models and Evolutionary Computation; Learning Algorithms; Systems, MAN, and Cybernetics; Hybrid Intelligent Systems for Data Mining and Applications; Metaheuristics for Combinatorial Optimization and Modelling Complex Systems.

Shared Capitalism at Work

Shared Capitalism at Work
Author: Douglas L. Kruse
Publisher: University of Chicago Press
Total Pages: 433
Release: 2010-06-15
Genre: Business & Economics
ISBN: 0226056961

The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

Broad-Based Employee Stock Options in the U.S

Broad-Based Employee Stock Options in the U.S
Author: James C. Sesil
Publisher:
Total Pages:
Release: 2004
Genre:
ISBN:

While stock options have traditionally been reserved to top management employees, in recent years there has been strong growth of plans making stock options available to a broader group of employees. This paper analyses data on 490 companies with broad-based stock option plans, matched to data from Compustat in order to compare their characteristics and performance to that of other public companies. Major findings are that 1) companies with broad-based plans have higher levels of productivity, Tobin's Q, and employment and sales growth than otherwise-similar firms, 2) average compensation levels are higher among such companies both before and after the introduction of broad-based plans, indicating that stock options appear to come on top of other compensation, and 3) increases in average productivity appear to counterbalance the dilution effect so that average total shareholder returns are unaffected by the introduction of broad-based stock option plans.

The FASB Stock Options Proposal

The FASB Stock Options Proposal
Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises
Publisher:
Total Pages: 234
Release: 2004
Genre: Business & Economics
ISBN:

Why Do Some Firms Give Stock Options to All Employees?

Why Do Some Firms Give Stock Options to All Employees?
Author: Paul Edward Oyer
Publisher:
Total Pages: 41
Release: 2004
Genre: Compensation management
ISBN:

Many firms issue stock options to all employees. We consider three potential economic justifications for this practice: providing incentives to employees, inducing employees to sort, and helping firms retain employees. We gather data on firms' stock option grants to middle managers from three distinct sources, and use two methods to assess which theories appear to explain observed granting behavior. First, we directly calibrate models of incentives, sorting and retention, and ask whether observed magnitudes of option grants are consistent with each potential explanation. Second, we conduct a cross-sectional regression analysis of firms' option-granting choices. We reject an incentives-based explanation for broad-based stock option plans, and conclude that sorting and retention explanations appear consistent with the data.