Instead of so much regulation, I think there should be more focus on incentivizing executives as if they were owners. Owners with most of their net worth tied up in a company usually act more in the long term best interests of the company. They care less about what Wall Street thinks and more about where the company will be in 5 years, 10 years, 20 years.
Instead of stock options they can cash in when they hit short term goals, how about actually buying stock and receiving stock that managers can only sell several years after they get it?
At the very least, rate companies on whether they do this or not. Or are actually managed by owners.
Instead of stock options they can cash in when they hit short term goals, how about actually buying stock and receiving stock that managers can only sell several years after they get it?
At the very least, rate companies on whether they do this or not. Or are actually managed by owners.