Search results for "Remuneration"
showing 10 items of 48 documents
Incentives, criminal defence lawyers and plea bargaining
2008
Plea bargaining has become a central feature of criminal procedure in Anglo-Saxon jurisdictions. This paper explores an area seldom discussed in the economic literature on plea bargaining: the influence of the defence lawyer's fee contract on the terms of the bargain. In particular, it uses data from one jurisdiction of the impact on case trajectories of changes in publicly funded defence lawyers’ contracts to test the proposition that the nature of the lawyer's contract influences how cases are managed. An event study methodology on a pooled time-series cross-section data set of case trajectories before and after the change in the nature of the contract is used to examine whether the new p…
A Remuneration Model of Energy Community Members in Italy
2022
The Directive (EU) 2018/2001 (RED II) requires Member States to authorize the constitution of consumers as self-consumers of renewable electricity by ensuring them non-discriminatory and disproportionate treatment. Member States must establish a favorable framework for promoting and facilitating the development of self-consumption, including in collective form (art. 21). According to the Directive, the granting of rights to renewable energy self-consumers who act collectively allows to increase the energy efficiency of households and helps to combat energy poverty by reducing consumption and supply tariffs. In Italy, the decree n. 162/2019 and then amended with Decree 199/2021 has partially…
A Technical Approach to the Energy Blockchain in Microgrids
2018
The present paper considers some technical issues related to the “energy blockchain” paradigm applied to microgrids. In particular, what appears from the study is that the superposition of energy transactions in a microgrid creates a variation of the power losses in all the branches of the microgrid. Traditional power losses allocation in distribution systems takes into account only generators while, in this paper, a real-time attribution of power losses to each transaction involving one generator and one load node is done by defining some suitable indices. Besides, the presence of P–V nodes increases the level of reactive flows and provides a more complex technical perspective. For this re…
La retribuzione nel lavoro pubblico in tempi di crisi
2019
Il saggio analizza le recenti misure di riduzione del costo del lavoro nel pubblico impiego italiano alla luce della degli orientamenti della giurisprudenza al riguardo. La crisi economica è un fattore sempre presente nelle argomentazioni dei giudici. Aumenta il tasso di litigiosità e il potere giudiziario deve valutare la legittimità del-le scelte della pubblica amministrazione e la reazione giudiziaria dei lavoratori pubblici nel tentativo di recuperare, in tutto o in parte, le quote di retribuzione perdute (o non adeguate nel corso del tempo).
Corporate Governance of Banks after the Financial Crisis - Theory, Evidence, Reforms
2010
Poor corporate governance of banks has increasingly been acknowledged as an important cause of the recent financial crisis. Given the developments since the Asian financial crisis in 1997, this fact is not readily to be explained. Listed banks and even non-listed firms worldwide have publicly emphasized that good corporate governance is of vital concern for the company, and have adopted firm-specific corporate governance codices. Moreover, banking supervisors have taken up the issue. In particular, the Basel Committee on Banking Supervision has already published two editions of a guideline entitled “Enhancing corporate governance for banking organisations” which perfectly reflects the super…
The Uncertain Role of Banks’ Corporate Governance in Systemic Risk Regulation
2011
This paper examines how corporate governance reform of banks relates to systemic risk. Although there has been substantial emphasis on the importance of corporate governance of banks, it is not entirely clear how this enterprise relates to the goal of financial stability. The first part of the paper differentiates between kinds of risk that arise from the structure of the firm, such as shareholder ownership, limited liability and the separation between control and ownership, and kinds of risk that arise from interactions at the systemic level. It highlights why the risk-taking of banks presents, in many respects, a special case not only because of the structure of their business but also becau…
Sustainability in executive remuneration : A missing link towards more sustainable firms?
2021
This paper contributes by showing simultaneously the interlinked challenges of sustainability-based (based on long-term economic, social and environmental targets) executive remuneration and the problems of transparency in remuneration reporting. Our empirical data, analyzed using qualitative content analysis, consists of the published remuneration statements and sustainability reports of 43 Finnish companies reporting according to the Global Reporting Initiative (GRI) framework. Our results indicate that comprehensive sustainability remuneration is still rare in Finnish large companies: long-term financial targets are implemented at most companies, but social or environmental targets were …
On the Marketization of the Academic Review Process
2014
Pressure to change the academic reviewing system is growing. We discuss two groups of proposals for introducing market mechanisms. First, Prufer and Zetland (2009), based on Havrilesky (1975), create an auction system: manuscripts are submitted and auctioned to editors in "academic dollars", while citations earn credits for authors. Second, Fox and Petchey (2010), after Riyanto and Yetkiner (2002), create a "PubCred" currency, in which referees are paid and can then pay for their own submissions, while Aarssen (2008) and White and Ernest (2010) introduce hard cash remuneration for reviewers. These systems would adversely affect editors, referees, and authors alike, and would soon prove econ…
Droit à une retraite de jouissance immédiate pour le père de trois enfants
2003
International audience
Le divorce entraîne la perte du droit à pension de réversion
2001
International audience