Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: discostu
I'm quite aware that business people can be mean nasty SOBs. But they also want to expand their business.

Do they really? I would have thought that many of them would be content to collect a bonus or two, or perhaps cash in some stock options. There has been a growing disconnect between what is good for the company (shareholders, customers, and employees) and what is good for the CEOs and boards. There is the old Deming line that what is measured is what will be done; and that is most true when it comes to the compensation of senior officers. They will maximize their respective personal earning irrespective of what may happen to either the companies under their care, nor the countries within which they operate.

I would like to see compensation levels drop to more reasonable levels. I don't have a problem with people becoming vastly wealthy while using their god given talents; but, I am weary when someone can unscrupulously achieve this under a single reporting quarter.
792 posted on 04/16/2004 6:38:41 PM PDT by ARCADIA (Abuse of power comes as no surprise)
[ Post Reply | Private Reply | To 788 | View Replies ]


To: ARCADIA
Probably some of them are, those are the lazy SOBs who are driving their companies into the ground. If a business isn't expanding it's shrinking, some are OK with that, I highly recommend that anybody working for one of those CEOs should flee far and fast.
793 posted on 04/16/2004 7:44:09 PM PDT by discostu (Brick urgently required, must be thick and well kept)
[ Post Reply | Private Reply | To 792 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson