4 ms·

If they're serious about decreasing the importance of shareholder value, then they'll re-design executive and management compensation to be tied less to the com

• phamilton 7y ago
  I wonder if there's a way to tie the other pieces into shareholder value. ESPP is an easy way to let employees see upside when the stock does well. How could we tie serving customers to stock value? Being good partners? It may be that we can't, and therefore stock price is a bad metric focus on.
  • einhverfr 7y ago
    Indeed the rise of ESPP's due to ERISA are why I consider Nixon the closest President we've had to being actually Socialist.
  • dhimes 7y ago
    Personally I like the idea of profit-sharing.
• leot 7y ago
  "Shareholder value" misses at least two critical bits of context: 1. over what timescale? 2. at what level of risk? As soon as they are incorporated, it's obvious that firms have both more leeway and more responsibility to take care of a wider range of stakeholders.