Charles Elson
Charles Elson
board seeing
We're seeing board salaries going up all over the place.
executives incentive large seem standing valid
The whole idea of parachutes was to keep executives from standing in the way of valid transactions. What they seem to have become, because of their large size, is an incentive to do transactions.
managerial raymond received returns taking
It's entrepreneurial returns for managerial conduct. Exxon was there long before Mr. Raymond was there and will be there long after he leaves. Yet he received Rockefeller returns without taking the Rockefeller risk.