terça-feira, 23 de fevereiro de 2021

The Economist__ The day of reckoning has come for CEOs

 https://pacheco-torgal.blogspot.com/2020/12/the-economistcut-salaries-of-executives.html

It appears as though we are witnessing a moment that could be considered apocalyptic, given the unexpected stance of The Economist, a traditionally right-wing publication. Just two months ago, a proposal was made to slash CEOs' paychecks by a staggering 50% (refer to the link above).

 In a surprising turn of events, the latest issue of the same publication features an article advocating for even more severe retribution against CEOs: "The most striking change...the rise of the “clawback”. This is a provision in pay plans that gives the board the right...to yank bonuses or stock awards given but later found to be unjustly earned" https://www.economist.com/business/2021/02/20/how-to-design-ceo-pay-to-punish-iniquity-not-just-reward-virtue