Organized by the Federal Comptroller’s Office and in conjunction with the Ethos Institute, the Pró-Ética award is the main award given to companies that have demonstrated that they have complied with the governments standard of ethics. Bruno Fagali’s firm has won this award for their compliance and commitment to ethical business practices for the 2016 and 2017 years.
There are several benefits to winning the Pró-Ética award. There is a certain amount of public recognition that the company receives once the award is won. The company is known for their ethics and commitment in fighting corruption. The company receives positive publicity. The government reviews and verifies that the companies that receive the Pró-Ética award are committed to a certain standard of ethics. Visit on his twitter to get the latest updates
The selection for the recipients of the Pró-Ética award allows the committee to perform an extensive evaluation of the possible recipient’s ethics and integrity programs and analyze the measures that each company has implemented to comply with these standards. This is especially important as the press, and social networks keep an eye on the companies and can sway public opinion in regards to these companies.
A companies ethics and integrity program can’t receive the award. Instead, a company is evaluated on how it complies to ethical business standards and practices. Bruno Fagali’s company was found to have complied to a certain level of ethics and to have practiced ethical business during 2016 and 2017.
Bruno Fagali is committed to following ethical business practices in his firm and advocacy work. Besides the work, he does for his firm Bruno Fagali also receives several invitations to lecture in academic circles each year, and he also performs ethics presentations for large corporations. He has been the subject of several interviews by the Ethos Institute and by IBDEE. Learn more: http://www.revistafatorbrasil.com.br/ver_noticia.php?not=320250
Jeremy Goldstein has a great deal of experience when it comes to sustaining the economic environment for large corporations. He has seen firsthand what long term investors and incentives for employees will go out the window if the issues are not addressed properly or in a timely manner. Mr. Goldstein is always willing to offer advice based on his expertise on how to handle Earnings per Share (EPS) and other incentive based programs for employees.
EPS is a very positive strategy to provide and is very often one of the biggest influences in a company’s stock price. It influences shareholders to be more active when it comes to buying and selling and it motivates companies to increase salaries to its employees. EPS tends to make companies more successful. According to recent studies EPS is often seen as a tremendous advantage for the economic health of a company. However, the practice can sometimes give some entities an unfair advantage as opponents to the practice think it can lead to favoritism. It may sometimes give the higher ups in a company the ability to manipulate the EPS system and lead to misleading sales and share results as the program may not be applied evenly.
Opponents to the EPS system underscore the fact that the company may only be interested in short-term profitability rather than working for the long term and prevent a sustainable method and strategy to support company growth. EPS systems are sometimes seen as being unreliable especially if the rules change constantly and will sometimes hurt both employees and a company’s long-term financial health. A company’s share value will be strengthened if a long-term strategy is utilized when implementing an EPS based system.
Mr. Goldstein not only recommends, but advocates for a compromise between pro and anti EPS systems. One of the first things that should be implemented is that CEO’s (Chief Executive Officer) and managers be held accountable, eliminating the uneven application of the program. An EPS system should always be measured against the long term goal of the company providing long-term and sustainable growth for the company.
Jeremy Goldstein is a New York attorney and after working for several law firms, he began his own law firm. Jeremy L. Goldstein and Associates, LLC works with large corporations such as stockholder companies, petroleum and oil companies, banks and cellular companies regarding matters such as compensation and financial legalities. Mr. Goldstein was educated at the Law School at New York University where he earned a Juris Doctor (JD) degree.
He is recognized as one of the top attorneys’s to provide legal counsel in the Chambers USA Guide to America’s Leading Lawyers for Business and the Legal 500. He has authored many articles for a variety of law journals. His writings provide up to date legal opinion on popular and current legal matters. He also contributes to the NYU Journal of Law and Business, as well as serving as a member of the advisory board. Learn more: http://clsbluesky.law.columbia.edu/2015/09/10/goldstein-and-associates-discuss-short-termism-performance-goals-and-executive-compensation/