[Yet_Again]

Heck, I even agree with the socialist critique that most Rockefeller republicans who support globalisation/NAFTA whatnot does so only because it is an attack on workers and wage levels. And a boon to corporate profit levels.

One of the most destructive forces in capitalism was when Republicans allowed executive compensation to take the form of stock options. This was done as a way of moving multimillion dollar VP and CEO salaries out from under the high tax structure that is in place in the US but had the unintended consequence of business leaders making decisions which were unduly focused on short term stock prices rather than long term business prosperity. A "kill the goose that laid the golden egg" mentality resulted.

[dfwgator]

One of the most destructive forces in capitalism was when Republicans allowed executive compensation to take the form of stock options

Interlocking Directorates is the other big problem, people sit on each others' boards, and it's all meant to keep the status quo.

[Eurotwit]

I agree with that too having been involved with designing compensation programs or one of the largest auto manufacturers.

Or we gave advice. They listened to our supply chain management ideas, but not on compensation.

I think in general some form of tie-in with stock performance is good, and I applaud most programs like that - especially when workers at all levels are involved. The gigantic stop options for CEO’s though have largely been poorly designed.

How about stock options that are locked in for at least a decade (After they quit). Puts in some damn incentives for long term success and good succession management.

Even a perfect CEO or manager, who leaves his organisation to fail after he leaves has failed his duties.