Complete the sentences below.

i Sentences 1. Governance, or the management stewardship of assets that management does not own, according to laws and regulations is more closely scrutinized than before. Legal reform in the United States now mandates a shareholder vote on any executive compensation packages, referred to as 2. While we are very familiar with executive bonus, a new clawback of previous compensation, or is becoming a feature of compensation. One important performance measure that could determine a bonus or malus is the accounting calculated by dividing the net income by the investment made. Another measure is the RRR, also called the which represents a return forgone from tying up cash in existing investments. 3. A third measure is the which is calculated by subtracting the total assets minus current liabilities multiplied by the from the after-tax operating income. But executive performance is not the only factor or even the most important factor affecting corporate profitability, excellent governance, and corporate 4. Good management control systems will separate the effects of good luck from good management on performance. Additional considerations when designing a good management control system include Print Done Terms - belief systems economic value added (EVA) interactivity malus say on pay weighted average cost of capital (WACC) boundary systems imputed cost of investment intrinsic motivation return on investment (ROI) social responsibility Print Done