Re:SoftBank’s Vision Fund Loses $17.7B on WeWork, Uber
by TuringNYC on Monday May 18, 2020 @10:49AM
(#23223014)
Bonuses end up becoming political exercises. If you can keep bonuses aligned with value, that is great but I've seen otherwise many times.
Serious question - are there really many bad ways to bump up the stock price?
There is financial engineering (like stock buy-backs), you can just disallow that and remove the problem.
There is unnecessary M&A, but if the employees are running amok with unnecessary M&A, you have much bigger problems.
There are illegal things -- but we have the law to take care of that.
There are extractive measures (e.g., squeeze blood from workers, suppliers), but if that is allowed, then the "value" you see from that is likely also "value" you'd reflect on the annual bonus.
Serious question - are there really many bad ways to bump up the stock price?
There is financial engineering (like stock buy-backs), you can just disallow that and remove the problem.
There is unnecessary M&A, but if the employees are running amok with unnecessary M&A, you have much bigger problems.
There are illegal things -- but we have the law to take care of that.
There are extractive measures (e.g., squeeze blood from workers, suppliers), but if that is allowed, then the "value" you see from that is likely also "value" you'd reflect on the annual bonus.