Dec. 9, 2014

Breaking news

The administration of President Barack Obama issued November 26, 2014 a draft of 25 November 2014, coming from the Environmental Protection Agency (EPA) and subject to contributions to regulate the emission of greenhouse gases.

Companies are protesting because this will increase the cost of regulation. We are now witnessing a clash between supporters of the economic strength of the country and the promoters of the environment.

The President's rationale is this: that environmental regulation is justified because it will prevent many diseases and even death from respiratory failure. However, social programs and Obamacare are the major challenges of his presidency.

Therefore, the discussion is about the relationship between "regulation" and "sector": if the Regulation is related simply to the environment, then the argument of additional financial regulation advanced by firms is relevant.

Indeed, the principle of proportionality being key in regulatory techniques, there is disproportionality between the means and the goal.

But if the charges have to end not only the preservation of the environment but also public health and human lives then more burdens on business are justified.
Thus, depending on whether one attaches one or more goals in a constraint, it justifies more or less charge. Companies have interest in claiming that the regulation serves only one purpose. The state has an interest in claiming that the regulation uses several if it wants additional burden on businesses.
This is the speech that President Barack Obama, whose political maneuvering margins are low, is being built.

Updated: May 9, 2012 (Initial publication: April 17, 2012)

Breaking news

The pay affected by the first hundred American companies to their best paid corporate officersrepresent more than 2 billion, notably because they include stock options. For the moment, the provision of the Dodd-Frank Act requiring companies to publish the ratio between the remuneration of the officers and the average remuneration of employees, whose the Securities Exchange Commission (SEC) must control effectiveness, is not currently observed.

Updated: May 9, 2012 (Initial publication: April 17, 2012)

Breaking news

It was expected that the CEO of the Citigroup Bank receive for 2011 a salary of 15 million, a part immediately, and the other part deferred, and approximately 155 times the average earnings of employees, and while the Citigroup stock price fell from 45% in 2011. Consulting firms advised shareholders to express an unfavourable opinion to this draft resolution, presented in the General Assembly by the Board of Directors of the Bank under the Dodd-Frank Act. Two Consulting firms advised to deliver a negative vote, believing that compensation was disproportionate. Shareholders followed this advice.This is the second time that a such disapproval is expressed.

Updated: Jan. 2, 2012 (Initial publication: Dec. 26, 2011)

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