(TVM) concept

Discussion: Stockholders and Management Interests

Discussion: Stockholders and Management Interests Part 1: Stockholders and Management Interests Stockholders and managers want the same thing, don’t they? Theoretically, yes, but in reality, it does not always work that way. Too often, managers’ personal goals compete with shareholder wealth maximization. Sometimes, managers pay themselves excessive salaries or bonuses that are at odds with … Read more