Quote:
Originally Posted by whell
The shareholders understand the concept of buying talent, and the concept of ousting a CEO when he/she fails to maximize shareholder value.
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"O" if that were true, but the majority of the voting stock in a company is held by very few people. Those few people run in the same circles so I venture to say voting a poor performer out will not happen to often. Just give them a golden parachute and move on.
Were do you think the mega millions in salary's come from anyway? Out of thin air? No out of yours and my pockets.
Now if the people who own stock were to vote only once no matter how many shares they own it might be different.
Barney