It’s that time of year again. Where I have the perennial argument with some clients and friends about who really owns American corporations. After all, they show me their stock certificates. That is their “proof” that they own a portion of the corporation.
Tag Archives: CEO compensation
Pay for Performance- not for executives, it’s not!
What a surprise- NOT!
I’ve said for years that the bloated, sky-high compensation proffered to corporate executives, the CEO pay, has nothing to do with corporate performance. OK. I apologize. I have been wrong.
Continue reading Pay for Performance- not for executives, it’s not!
No GAAP? There’s a Reality Gap!
So, we’ve seen the Corporate Executive’s manifesto. We have even seen their ridiculous compensation. And, most of those issues are based upon the fact that these executives find ways to confuse, to obfuscate, and to misreport the developments of their firm to the public (including their stockholders).