The link between long-term value growth and long-term incentive awards is broken at too many companies if it was ever forged properly in the first place.
More Quotes from Paul Hodgson:
Ultimately, it will make it a better decision.Paul Hodgson
The grant of the stock options, however, is less excusable. What they've done is not particularly wise (in this era of scrutiny), but certainly, it's not illegal.
Paul Hodgson
Most people have no alternative, particularly those who live in rural areas. A lot of motorists tell us that if there was a decent and affordable public transport system they would use that ... but we are still a long way from having an alternative.
Paul Hodgson
The perception has been growing that it is better that there be a clear line of distinction between the people the board hires and the people hired by the corporation.
Paul Hodgson
I think some of the companies are trying to improve the situation. To be honest, if I can figure it out, I don't see why people who are leading some of the largest companies in the country shouldn't be able to figure it out as well.
Paul Hodgson
In the vast majority of cases, personal use of corporate aircraft is an invalid use of shareholders' money. If we're going to pay them more, I'd rather see it related to performance.
Paul Hodgson
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