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The IN_STOCK values shown in these results are what were contained in the COMPACT_ DISCS table before you executed the transaction. If the transaction had not been rolled back, each of these values would have been increased by 2.

(continued)

want to be sure to reference the savepoint in the ROLLBACK statement. You will also add a SELECT statement before the savepoint. Enter and execute the following SQL transaction:

UPDATE with Subquery *

START TRANSACTION ISOLATION LEVEL SERIALIZABLE; SELECT CD_TITLE, IN_STOCK FROM COMPACT_DISCS WHERE LABEL_ID = 832; SAVEPOINT SECTION_1; UPDATE COMPACT_DISCS SET IN_STOCK = IN_STOCK + 2 WHERE LABEL_ID = 832; ROLLBACK TO SAVEPOINT SECTION_1;

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and, instead of rolling their eyes, they would have a warm feeling that all is right in the world Their instincts would say, That makes sense, or That person deserved to make so much money, or That board really did the right thing in cutting their executives pay This is totally possible Throughout the book, I have mentioned various prescriptions for change But there are a few that are absolutely critical to a future with healthy and rational executive pay 1 Board compensation committees should be independently advised They should have their own budgets and should hire compensation consultants and other advisors who are independent from those used by management Many will argue that this will set up a contentious and adversarial relationship between management and the board This is not necessarily a bad thing.

Now your transaction will roll back only to the point preceding the UPDATE statement. In addition, because your transaction included a SELECT statement, you should receive the query results that you received in the previous step.

As with the DELETE statement, subqueries can play an important role in the UPDATE statement because they let you select rows to update based on information contained in other tables. Here are several examples of UPDATE statements that use subqueries: Raise by $5,000 the credit limit of any customer who has placed an order for more than $25,000.

means that the SELECT statement was executed before the UPDATE statement. If the transaction did not roll back the update, the query results would not reflect the correct information. As a result, you should verify that the UPDATE statement was rolled back. Enter and execute the following SQL statement:

SELECT CD_TITLE, IN_STOCK FROM COMPACT_DISCS WHERE LABEL_ID = 832;

Your query results should show the same IN_STOCK values as the query results returned in the previous two steps.

- 209 -

In this Try This exercise, you created and initiated three transactions. In the first one, you simply queried data and committed the transaction. In the next two, you updated data and then rolled back the updates. However, as you saw in the third transaction, it is possible to roll back a transaction to a specified savepoint. This allows you to protect certain portions of your transaction without having to reprocess statements that have been executed successfully. Because you rolled back the updates that you made, the INVENTORY database should have been left in the same state it was in when you began this exercise.

In order for the managementboard relationship to benefit the company and shareholders, it should be adversarial Free-market exchanges are by nature contentious, and as such result not only in market prices (and market pay levels) but also in more effective and creative solutions 2 Board compensation committees should request and receive much more comprehensive data and analysis on the total cost of management over a multiyear time horizon, compared to various measures of performance and compared to other companies 3 The link between pay and stock performance must be severed While a component of compensation should be based on the long-term performance of the stock, most of the pay and incentives should be based on strategic, financial, and other critical measures of the company s performance 4 Companies should have a highly effective performance management process for senior executives and the CEO.

16:

UPDATE CUSTOMERS SET CREDIT_LIMIT = CREDIT_LIMIT + 500000 WHERE CUST_NUM IN (SELECT DISTINCT CUST FROM ORDERS WHERE AMOUNT > 2500000) 4 rows updated Reassign all customers served by salespeople whose sales are less than 80 percent of their quota UPDATE CUSTOMERS SET CUST_REP = 105 WHERE CUST_REP IN (SELECT EMPL_NUM FROM SALESREPS WHERE SALES < (8 * QUOTA)) 2 rows updated Have all salespeople who serve over three customers report directly to Sam Clark (employee number 106) UPDATE SALESREPS SET MANAGER = 106 WHERE 3 < (EECT COUNT(*) FROM CUSTOMERS WHERE CUST_REP = EMPL_NUM) 1 row updated As in the DELETE statement, subqueries in the WHERE clause of the UPDATE statement can be nested to any level and can contain outer references to the target table of the UPDATE statement.

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