學門類別
最新個案
- Leadership Imperatives in an AI World
- Vodafone Idea Merger - Unpacking IS Integration Strategies
- V21 Landmarks Pvt. Ltd: Scaling Newer Heights in Real Estate Entrepreneurship
- Snapchat’s Dilemma: Growth or Financial Sustainability
- Did I Just Cross the Line and Harass a Colleague?
- Predicting the Future Impacts of AI: McLuhan’s Tetrad Framework
- Porsche Drive (A) and (B): Student Spreadsheet
- Porsche Drive (B): Vehicle Subscription Strategy
- TNT Assignment: Financial Ratio Code Cracker
- Winsol: An Opportunity For Solar Expansion
iGate and the CEO: A Breach of Agreement
內容大綱
In May 2013, iGATE Corporation ended its employment contract with Phaneesh Murthy, then chief executive officer, amid allegations of sexual harassment. iGATE maintained that Murthy had violated company policy; thus, it dismissed Murthy “with cause,” effectively ending all of the company’s severance obligations under the agreement. Murthy responded by suing iGATE, claiming breach of contract and defamation. In March 2014, iGATE countersued Murthy for damages the company suffered due to Murthy’s behaviour. Could iGATE justify its termination of Murthy’s contract? What were the implications of ending a senior executive’s agreement for cause?
學習目標
This case can be used in graduate and post-graduate management programs in courses on human resource management, employment law, contract management, compensation management, and corporate governance. It gives students an opportunity to do the following:<ul><li>Understand some typical provisions of an executive compensation agreement and the implications of those provisions when involving senior executives with a significant stake in the organization.</li><li>Appreciate the importance of aligning executive compensation with business strategies to distribute risks and rewards and create a long-term focus for senior executives.</li><li>Examine the challenges of drafting employment agreements to avoid ambiguity and disputes.</li></ul>