Δαφνη Ευτυχια Αρθουρος

What about executive compensation tied to the price of the stock, rather than the corporation's profits, let alone its likelihood of remaining profitable into the future? Remember when people bought and HELD stock, rather than churning it? So the board would vote to compensate CEOs who were doing stuff to build long-term sustainable growth and diivends? Now, the CEOs just raid the pension fund, sell of the assets, screw the employees and SELL THOSE SHARES AND GET OUT BEFORE ANYONE ELSE NOTICES! And the folks on the board of directors, who were in on the whole deal, also make major fortunes as the corporation fizzles into ashes. So the board of directors at some other company trip all over themselves to hire the same CEO to turn THEIR corporation into a train wreck so THEY can get rich fast.