Tuesday, February 18, 2020

Judicial politics of the EU Court of Justice Coursework

Judicial politics of the EU Court of Justice - Coursework Example The free movement of goods would endorse production efficiency because the entire process would make various countries’ producers compete directly in the open market. For the purpose of following the free movement of goods notion, the internal trade barriers that lead to discriminatory restrictions among the EU states should be removed. Thus, the member states under EU should abstain from inflicting the trade restrictions on exports, imports or transit goods among themselves. However, after passing of nearly six decades, true freedom of movement of goods by the member nations is not enjoyed within the European Community. Various obstacles impede on the free movement of goods inclusive of explanation of the European Court of Justice (ECJ) towards general provisions concerned on the goods’ free movement under the EC treaty. The obstacles are also inclusive of several exceptions to the general provisions of Articles under the EU. In this research paper, the first section will present considerable background discussion towards the EU Court of Justice’s judicial politics. The second section will evaluate the interpretation of the ECJ’s general provisions on the EC treaty towards free movement of goods. The third section will be presented in the form of analyzing and discussing various cases that led to crucial judgments of the EU Court of Justice. In the last section of the research paper, conclusion will be drawn for determining the level of viability of the European Commission’s statement that signified the free movement of goods as one of the success stories of the European project. 2.0 Background Discussion of judicial politics of the EU Court of Justice In the European Community (EC), a number of judicial politics prevail. The background discussion of the judicial politics can be supported by the case C-70/88, European Parliament vs. Council. In the case, it was proved that the protect ion of the Parliament under the system is not effective enough as in the case the Commission displayed the shortcomings by taking the Council’s side with respect to the selection of the appropriate legal base for the regulation in concern. It was evolved in the case through Advocate General Van Greven that the Parliament should be granted limited action rights for defending its own privileges.2 From the judgment in the case, it was recognized by the ECJ that the prevailing legal remedies were not completely liable to provide guarantee in all the circumstances that a measure would be reviewed

Monday, February 3, 2020

Are U.S. CEOs overpaid Research Paper Example | Topics and Well Written Essays - 2000 words

Are U.S. CEOs overpaid - Research Paper Example Even if they did not occupy such positions, people with a firm educational background and effective leadership skills should be paid much more than the rest of the population. The public’s outcry is not entirely misguided; nonetheless, there are facts supporting the high earnings entitled to the CEOs and it remains unclear whether capping CEO salaries will contribute to business success. This paper explores whether US CEOs are overpaid. Statistics According to Kaplan, US CEOs are arguably overpaid (6). According to Walsh, some of the potential triggers of the ‘excessive’ salaries of CEOs include; too much influence, negligent boards of directors, weak compensation consultants, and formulation of salary scales through stock options among others (73). According to Kay and Van Putten, in 1970, the average Chief Executive Officer earned about $700,000 (189). The amount was 25 times the earning of an average production employee. Three decades later, CEO salaries had ri sen to almost $2.2 million, 90 times more than the salary of an average worker (Kay, and Van Putten, 190). Kaplan argues that with an increase in the value of stocks and other allowance, the average CEO currently earns between 250-500 times the average employee’s salaries (7). ... Any employee in the technology industry is aware this average salary would hardly hire a well-educated administrative staff in technology-intensive sectors in the United States. According to Thomas and Hill, current CEOs serve shorter terms compared to CEOs of the late twentieth century, hence the sharp rise in the earnings (19). The high rise in CEO salaries may be attributed to the fact that the officers are uncertain about what would happen next. Capitalism seems to have entered the corporate sector to the level that CEO may see it better to earn as much as they can when in such positions (Kay, and Van Putten 191). According to Walsh, today’s CEOs are virtually carrying out the same duties as their predecessors who earned a much less, but this is not the case with line workers (75). Whereas, the salary gap between a top executive and the average employee calls for a review of the rules to narrow it, Kaplan argues that rectifying the discrepancy may not be achieved (6). Owin g to the fact that CEO salaries top the list of salary scales in most organizations, theirs tend to be fodder to the media. Less widely covered is the substantial salary disparity between employees and junior executive remunerations. It differs by sector, but in most firms, the salary discrepancy becomes clear at the immediate CEO subordinates. At this point the analysts move into a lower pay level, but significant disparities in salary still subsist between a senior executive and a CEO (Kay, and Van Putten 122-127). Relating the average worker pay to CEOs For easier understanding of the salary scale of the average employee in the US, it would be appropriate to analyze all aspects of their salary; wage, shift gap,