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Insurance early warning?
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Gogarty
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Insurance early warning?
In article ,
says...
Sure. In many cases, perhaps most, the Board of Directos
hold a majority of common stock among themselves. In that
case, the public (individual & institutional) shareholders
are just along for the ride. Some surprisingly large
corporations are this way.
Wrong. In many cases, perhaps most, the directors own very few shares or nonbe
at all. Case in the paper today about a former Ford company where the CEO's
compensation soared 50% while the stock tanked 39% and the chairman of the
compensation committee owns not one share.
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