How to Stop CEO Greed?
Some government cap? Nope.
Some crazy tax law that punishes people for making too much? Crazy idea - no.
What then? Shareholders rights!
Shareholders should not only know what their executive boards make through yearly statements, as a current rule change suggestion the SEC is considering, but should be able to vote on these crazy $400 M parachutes.
The two new laws I support the most are the Employee Free Choice Act and this.
1 Comments:
Another money saving tactic is to avoid safety issues. Usually it is cheaper for a company to kill someone than to fix the issues.
The National COSH - Workplace Health and Safety Dirty Dozen Report highlights 12 companies with poor health & safety records and severe violations, don’t companies set the standards business standards. http://www.usmwf.org/articles/dirty_dozen_report.htm
PS FYI-my info is not on the old site now it is located at (at least most of it) http://www.usmwf.org/memorial/ShawnBoone.htm
4:08 PM, June 04, 2006
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