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Read the SEC commissioner's speech that I linked, seriously. He doesn't propose banning them entirely, just phasing them out over a period of time. Clearly ther
by hendzen 8y ago
Read the SEC commissioner's speech that I linked, seriously. He doesn't propose banning them entirely, just phasing them out over a period of time. Clearly there is a flipside to carte blanche founder control when the CEO/Founder is underperforming yet can't be removed (e.g. Evan Spiegel).
Do you think Mark Zuckerberg's children should retain majority control of Facebook after he dies?
- anticensor 8y agoSolution: Disallow inheritance of company shares.