3 ms·
Shareholders are ridiculously beholden to management during this era, and it almost defeats the purpose of public markets. There is a lot of evidence that shows
by Areading314 7y ago
Shareholders are ridiculously beholden to management during this era, and it almost defeats the purpose of public markets. There is a lot of evidence that shows that paying ungodly amounts of money to a CEO does little for company performance, but boards still allow it to happen.
I almost think there needs to be a way for shareholders to have a bigger say, perhaps a social network for shareholders, where opinions can form on best steps for keeping management accountable, and not wasting money on executive comp.