Re:On eve of bankruptcy, US firms shower executives with bon...
by sokoloff on Saturday July 18, 2020 @07:52AM
(#23880758)
Investors would probably do well to find executives to run their companies who know about market value/comps, know that $X is greater than $X/2 for all positive values of $X, and make decisions based on that knowledge.
If their market value elsewhere and their replacement’s demand here is $X and the company’s current projected comp is $X/2, that’s only tenable for a very short time.
Note-to-self: Stay away from vulture-minded execs.
Note-to-investors: Keep an eye on and go the extra mile in rooting out the vulture-minded execs in your companies, before shit hits the fan.