Trump to Investors: Stay the f**k out of my business
Posted: Sat Aug 18, 2018 3:59 pmFor all that has been said about this...for or against...this seems a bit overdone. EU already does this (larger MNCs are still required to disclose quarterly - but sometimes not - seems kinda arbitrary) and it does nothing to get at the actual issue of long term corporate planning. Do CEOs still get compensation in the form to stock holdings? Yes? Are investors still pushing for ever increasing profitability/dividends/etc? Then there's still a short term interest pushing less for long term investments that will yield better returns later. It just incentives lazier CEOs to do less in order to get a better short term gain if they plan on leaving anyways. Form 3, Form 4, and even Form 5 as well as the board still don't change that fact.
https://corpgov.law.harvard.edu/2018/02 ... ure-rates/
About half of large cap CEOs from S&P companies stay 0 - 5 years and median tenure has dropped by a year just from 2013 (to 5 years).