A lot of corporate boards felt it was a good idea for public companies to have standards limiting board service in place. |
As ratios go, that's actually pretty low; we're talking in the less than 10 percent range, which is where we want companies to be nowadays. |
Boards, frankly, are just getting up to speed in many instances on what they've done in the past and are really just starting to exhibit some control over the pay practices. It's going to be a gradual process. |
He was selling, unfortunately, both software and snake oil. |
I think it's a morale killer when you see it disclosed at some of these companies. |
If it starts to happen, then people will start talking about why there wasn't a collar. |
If they were going to fill it from inside, I would have thought it would be done already. I wouldn't be surprised if they go out and recruit a new director. |
It's always so sad because you love those Horatio Alger stories, and then someone rises up that high and falls so far. Ultimately, this is about ethics, and no amount of drive is going to save you if your ethics are so bad and you're not going to abide by the law. |
It's ridiculous. Part of being a citizen is paying taxes. |
It's viewed as better corporate governance. |
Just within the last six months, these policies have spread pretty quickly. It's almost a proxy now for boardroom accountability. |
So many stock-option grants were made at the peak of the market that we'll be working our way through these sales for some time. |
Sovereign has a lot of bridges to build with institutional investors. It's going to take time to repair their image. |
The '90s was the slippery slope from managing expectations to managing earnings to outright fraud. |
The question is, have you simply allowed your ship to rise along with a rising tide and it's not the value actually provided. Certainly the builders and the energy companies would seem to fit that. |