Twitter’s CEO gave away a third of his shares to employees. Rather than depending on the altruism of CEOs, wider share ownership should be institutionalized. This will have benefits at three levels; the company, the macro-economy, and society at large. Source: Capitalism For The Masses | Seeking Alpha
January 13th, 2016 · Comments Off on Capitalism For The Masses | Seeking Alpha
Tags: Corporate governance
May 30th, 2009 · Comments Off on Perverse incentives cause real harm
There is a lot of moral outrage about the big bonuses, but, as this world-class economist argues, the dysfunctional sides of people on ‘high-powered’ incentives (as they’re called in economics), betting with other people’s money, deserve more attention, much more..
May 28th, 2009 · 1 Comment
One big problem in the financial system are the short-term incentives in place for managers, which leads them chasing the wrong objectives and excessive risk taking. Here is a way to fix that..
Tags: Reform Capitalism