do any of you agree that share-holders should be able to vote on executives salaries and bonuses (15)
rocketqueengeelong, Victoria Australia23 Threads 1 Polls 2,003 Postsdont all attack me now....just asking a question 
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sounds like a good idea to me.
what could possibly be any down side to instill more accountability regarding these CEO's?
what could possibly be any down side to instill more accountability regarding these CEO's?
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Sell your Shares if you don't agree with Company Policy!
Vote with your Pocketbook.
Vote with your Pocketbook. ------ This thread is Archived ------
I"ll agree they definitely need to restructure how CEO's and executives get paid.
Especially these "bonuses" they hand out to one another.
Especially these "bonuses" they hand out to one another.
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Good question.
Companies have BOD's (Board of Director)'s that set executive compensations. The basic idea is to be generous enough to attract and keep talent. The problem is that many BOD's are only in it for the money and prestige themselves. They are almost always members of BOD's of other companies. If 1 company goes backrupt it's a case of "Oh well" "It was nice while it lasted" "The other 4 boards I'm on are still grossly over paying me for doing nothing."
If executive compensation was solely in the hands of shareholders the fear is that they would be so stingey that no talented CEO would go near the company. On the other hand, I believe that shareholders should have a louder voice in how much the top people are paid especially where it comes to severence pkgs. Also it should be based 90% on merit and not tenure or how long they've been there.
Companies have BOD's (Board of Director)'s that set executive compensations. The basic idea is to be generous enough to attract and keep talent. The problem is that many BOD's are only in it for the money and prestige themselves. They are almost always members of BOD's of other companies. If 1 company goes backrupt it's a case of "Oh well" "It was nice while it lasted" "The other 4 boards I'm on are still grossly over paying me for doing nothing."
If executive compensation was solely in the hands of shareholders the fear is that they would be so stingey that no talented CEO would go near the company. On the other hand, I believe that shareholders should have a louder voice in how much the top people are paid especially where it comes to severence pkgs. Also it should be based 90% on merit and not tenure or how long they've been there.
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I own a lot of stock and I do get to vote on executive pay policies. This is pretty common in most companies.
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Big_John: I own a lot of stock and I do get to vote on executive pay policies. This is pretty common in most companies.
That's what proxies are for.
All the companies that I own shares in send out proxies.
I do have a say.
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Whats wrong with Obama regulating this?
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rocketqueen: dont all attack me now....just asking a question
Yes I think soooooooooo and apparently the AIG execs were given these bonuses supposedly because they were promised them 6 months before for winding the company up quickly and working around the clock to do it...soooooooo it's money they were promised apparently...
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I don't think anyone should be able to vote on their own pay raises
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nfowler: I don't think anyone should be able to vote on their own pay raises
The bonuses aren't for the shareholders...but the employees...the shareholders are the investors....
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When the business is going well, the executives are getting their salaries raised and fat bonuses.
When the business is going down, the executives are getting their salaries raised and fat bonuses.
When the business is going down, the executives are getting their salaries raised and fat bonuses.
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I don't care about shareholders...but attacking you sounds great!!......before I start, are you ticklish??
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Lagoona22: I don't care about shareholders...but attacking you sounds great!!......before I start, are you ticklish??
hi lago
hahahhaha....see your already tickling me......
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Conrad73: Sell your Shares if you don't agree with Company Policy!
Vote with your Pocketbook.
Vote with your Pocketbook.
i must say conrad, that ALOT of shareholders are kept in the dark, by said executives as to how bad things are with their company
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Created: Apr 2009
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