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In the name of shareholders

One of the memes used to justify corporate actions is ‘things are done to increase shareholder value’. We all know ‘value’ can be interpreted in different ways, oft times after…

Stealth CEO Compensation and Stock Options

…123 allows a choice between the intrinsic value method and the fair value method. The intrinsic value method, however, triggers footnote disclosure of the effect on earnings, whereas the fair…

Contra Hall

…Unemployment is then low. Recruiting effort determines the tightness of the labor market…. A high job value results in low unemployment. The last issue is what determines the job value…….