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If you focus too much on employees and thus managers, you get hoarding of cash within companies and the golden era of corporate jets and perks for corporate exe
by dzink 9y ago
If you focus too much on employees and thus managers, you get hoarding of cash within companies and the golden era of corporate jets and perks for corporate executives. In the 80s that led to major Private Equity activity to squeeze said cash reserves back out via leveraged buyouts.
- cat199 9y agoIf you focus too much on shareholders and thus fund managers, you get hoarding of cash within investment firms and the golden era of corporate jets and perks for private equity executives.