Wednesday, March 10, 2004

Stock Options & Executive Accountability.

TOMPAINE is common sense indeed..
On how to prevent executive stock options from encouraging executives to pump up the stock at any cost: "The real answer: Prevent executives from selling shares in their companies for at least five years from the time they acquire them. This way, they have an incentive to take a longer-term view. And that means, they're more likely to act for the benefit of their shareholders. "