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"Google has said time and again it’s not inclined to do any special favors for investors, but that’s not true, at least not strictly speaking. The company reset
by sanj 18y ago
"Google has said time and again it’s not inclined to do any special favors for investors, but that’s not true, at least not strictly speaking. The company reset the price of stock options for employees after declines late last year left many under water. As Reuters pointed out, Google investors are unhappy about the double standard."
In this case I completely agree with Google's behavior. Coddle your employees, not your investors. The latter will do very little to benefit your company.
- admoin 18y ago...except provide companies with the equity financing they need to survive (especially in a frozen credit environment) for nothing more than a junior level claim on their residual earnings.
- gaius 18y agoThe latter will do very little to benefit your company Except, umm, that they own you? The law is pretty clear that if the board doesn't look after the shareholders, they're in trouble. That's what the board is for, why the executives don't have absolute control of the company.