Smithers: CEOs' perverse incentives damage economies
Fund Management Summit
Incentive structures intended to motivate senior management are out of sync with the interests of companies and a danger to the whole economy, according to Andrew Smithers.
Speaking at the Fund Management Summit, the prominent financial commentator and founder of Smithers & Co said “perverse incentives” given to CEOs of large listed companies leave them concentrating on short-term...
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