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If they can't control a substantial portion of the downside risk, they shouldn't be allowed to take credit for the full upside, either. The problem with the ex
by dangerlibrary 3y ago
If they can't control a substantial portion of the downside risk, they shouldn't be allowed to take credit for the full upside, either.
The problem with the executive compensation ratchet of the past few decades is that it is completely divorced from any actual measure of C-level impact. If things go bad, not their fault - if things go well, it couldn't possibly have happened without these strong leaders at the helm.
- nightski 3y agoWho said they don't? Who says those stocks wouldn't have performed considerably worse without good management? That's what I am getting at. Just because a stock goes down does not imply bad management or vice versa. But again that doesn't mean that management decisions don't matter, they can matter a lot.
- dangerlibrary 3y agoYou are arguing with a point I'm not making, I think. Have a nice day.