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Monetary Compensation (monetary + compensation)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	50%

Selected Abstracts

Downward sloping demand for environmental amenities and international compensation: elephant conservation and strategic culling

AGRICULTURAL ECONOMICS, Issue 1 2002
Erwin Bulte
Abstract Conventional wisdom holds that monetary compensation for positive transboundary externalities will promote conservation of resource amenities. We demonstrate that, in the case of elephant conservation, international transfers may also result in strategic behavior by host countries, with adverse implications for global welfare and in situ stocks. [source]

DIFFERENT WRONGS, DIFFERENT REMEDIES?

PERSONNEL PSYCHOLOGY, Issue 1 2006
REACTIONS TO ORGANIZATIONAL REMEDIES AFTER PROCEDURAL AND INTERACTIONAL INJUSTICE
To alleviate the negative effects of workplace unfairness and resulting conflict, organizations can take remedial action to atone for a perceived injustice. We argue that the effectiveness of organizational remedies may depend on the match between type of injustice perceived and type of remedy offered. Specifically, based on the multiple needs model of justice (Cropanzano, Byrne, Bobocel, & Rupp, 2001), we expect procedural injustice to be particularly associated with preference for instrumental remedies that address the need for control. On the other hand, interactional injustice should be particularly associated with preference for punitive remedies that address the need for meaning. Confirming this hypothesis, a field study involving recently terminated employees found that procedural injustice was positively associated with preference for an instrumental remedy (monetary compensation) and interactional injustice was positively associated with preference for a punitive remedy (disciplinary action against those involved in the termination). Further supporting the hypothesis, a laboratory experiment manipulating the unfairness of performance feedback found greater preference for an instrumental remedy relative to a punitive remedy following a procedural injustice than following an interactional injustice. In discussing these results, we present a taxonomy of organizational remedies as they relate to the multiple needs model of justice. Practical implications are discussed. [source]

Die Monetarisierung ökologischer Schäden in einer europäischen Haftungsregelung: Anmerkungen zur Schadensbewertung angesichts der Erfahrungen in den USA

PERSPEKTIVEN DER WIRTSCHAFTSPOLITIK, Issue 1 2005
Axel Klaphake
One crucial aspect of the design of the directive is whether the damage should be compensated in monetary terms or based on natural restoration and how the size of the damage should be calculated. The current proposal is mainly based on the US Oil Pollution Act (OPA), which largely abandoned the concept of monetary compensation. Instead, it relies on a resource-based compensation and mainly measures the cost of compensatory restoration. This article discusses whether this is acceptable from an economic point of view or whether monetary valuation should be used to a larger extent. [source]

Author's Copyright: An Islamic Perspective

THE JOURNAL OF WORLD INTELLECTUAL PROPERTY, Issue 3 2006
Muhammad Amanullah
Nowadays, most people have lost their attribute of trustworthiness. Therefore, cheating, harming, deceiving and neglecting the rights of others have become the order of the day. Among these rights is the copyright of an author over his own written materials. It is considered to be stealing if someone publishes, in his own name, materials written by others, or if someone uses materials of others in articles or books without proper acknowledgement of their authors. However, in order to conduct smoothly the process of learning, teaching and research, frequently lecturers and students need to photocopy materials written by others, who have protected their copyright by writing on them "All rights reserved". When a student needs to prepare a paper, or a lecturer needs to prepare a lesson or to write a paper or book, sometimes he does not have the time to write a letter to the relevant authors to receive their permission. On the other hand, if this permission were sought by thousands of people from a single author or publisher, it would be difficult for him to respond properly to all of them. The objectives of this article, therefore, are to highlight Islamic rulings for several issues related to copyright; and to determine how far this copyright should be reserved for the author, and how far a student or lecturer is allowed Islamically to copy the materials written by others. In order to reach these objectives, the relevant verses of the Qur'an and ahadith of the Prophet (peace be upon him) and opinions of Muslim jurists are analytically discussed to find out preferable views in this regard. This article is divided into the following sections: introduction; whether an author has the right to have monetary compensation for his work; conditions for the protection of copyright; plagiarism versus permitted quotation; copying or printing a published book without the permission of its author; and a conclusion. [source]