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This is a good point. Since employees are not shareholders they have no standing to criticize a CEO. Only someone with a financial stake in the future of a comp
by jrflowers 3y ago
This is a good point. Since employees are not shareholders they have no standing to criticize a CEO. Only someone with a financial stake in the future of a company should be able to voice their concerns without fear of retribution
- beachy 3y agoEmployees are financially dependant on the company for salary and perhaps stock options - surely that counts as "a financial stake".
- chii 3y agothe wording is wrong - it's not a financial stake that gives you said power, it's equity stake. This equity stake gives you a vote for which you can use to influence the actions of the board and thus the CEO. Being financially dependent on the company to provide employment by no means gives you power over the CEO. Of course, criticism is not black and white - but being an asshole CEO is not illegal, and putting yourself out to "fight the good fight" sounds good on paper, but do you no good at all.
- deleted 3y ago[deleted]
- FridgeSeal 3y agoIndeed, the serfs need to be reminded of their position at the bottom. They serve at my pleasure, and they would be good to remember that next time they have some minor quibble. Like children, they need a strong hand to discipline them, and should be seen, but not heard.
- jrflowers 3y agoExactly, and it is good that none of these big companies regularly reward stock options as a way of remuneration or else the situ
- deleted 3y ago[deleted]