Reading this post about some technical aspects related to Equity Compensation Plans makes it clear that advisors are barking up the wrong tree. A simple-to-understand Executive Compensation Plan would make siperfluous the highly technical issues discussed in the post. The main problem is the very level of the compensation dished out to CEO's and higher levels of management.
(18 April 2016)
In our paper entitled Asset Management, Index Funds, and Theories of
Corporate Control, we dispute the principal arguments of three papers
addressing asset...
10 hours ago
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