By Eric Reguly “Presidential candidates Hillary Clinton, Bernie Sanders and Donald Trump were outraged last fall when Turing Pharmaceuticals jacked up the price of Daraprim, a drug used to fight parasitic infections often found in AIDS patients, to $750 (all…
Author: admin
“International Business Machines Corp. (IBM) is pushing the limits of shareholder payouts with its latest quarterly dividend hike
By Owen Davis “Less than two weeks after reporting its 16th consecutive quarter of declining revenue, computing giant International Business Machines (NYSE:IBM) on Tuesday announced an 8 percent increase in its cash dividend, raising its quarterly payout to shareholders to $1.40…
The Robber Baron versus Robin Hood of organizational purpose
By Dan Pontefract “The purpose of an organization (and business itself) has long been discussed. Some leaders — firmly ensconced on the far right — believe the purpose of an organization and its sole identity is to forever increase the magnitude of profit … and nothing…
Investors and CEO pay: The fix is still in
By Lew Daly “In this election season, reining in Wall Street is clearly a burning issue for many voters. The passion for Wall Street reform is closely wrapped up with working class anger and anxiety driven by wage stagnation and…
Efforts to reform executive compensation follow the law of unintended consequences
By Cydney Posner “Remember how “say on pay” was supposed to put the lid on soaring executive pay? And just how has that turned out? According to a study conducted by ISS affiliates, (reported in Compliance Week ) the average compensation package…
Investors and CEO pay: the fix is still in
By Lew Daly “In this election season, reining in Wall Street is clearly a burning issue for many voters. The passion for Wall Street reform is closely wrapped up with working class anger and anxiety driven by wage stagnation and…
Shareholder proposals to exclude the impact of buybacks from exec comp metrics – will they become a trend?
By Cydney Posner “A recurring demand by hedge fund activists is that the target company return capital to its shareholders by buying back its own stock. Data compiled by S&P and Bloomberg shows that companies in the S&P 500 spent 95% of…
Paul Ryan just now realized he was ignorant about poverty
By Lynn Parramore “From the lips of Paul Ryan, Chief Spokesman of Blame-the-Poor politics, came a curious mea culpa just last week: He should not have referred to hard-working Americans trying to feed their families as “takers.” Oops!”… [Click HERE…
China as an Innovation Nation
By Yu Zhou, Yifei Sun and William Lazonick (Editors) This volume assesses China’s transition to innovation-nation status in terms of social conditions, industry characteristics and economic impacts over the past three decades, also providing insights into future developments. Defining innovation as the…
Stock buybacks stay popular despite criticism
By Luc Olinga “Confronted with a sluggish global economy, US companies have settled on a controversial tool that rewards shareholders and executives: share buybacks. First permitted by the US Securities and Exchange Commission in 1982, the use of share buybacks has…
