3 ms·
It's aligning the incentives of top management with the slightly longer term outcomes. If stock grants are based on this quarter's performance, "slack" seems m
by jimbokun 2y ago
It's aligning the incentives of top management with the slightly longer term outcomes. If stock grants are based on this quarter's performance, "slack" seems much less important.
- steveBK123 2y agoExactly, if you get rewarded for the 5% improvements annually but are out before the once-a-decade near death experiences.. you end up with more Intels, GMs, Boeings, etc.