Comments on: Why Albrechtsen is wrong on executive pay http://www.crikey.com.au/2009/03/05/why-albrechtsen-is-wrong-on-executive-pay/ now with extra source Sun, 12 Feb 2012 02:48:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: sceptic http://www.crikey.com.au/2009/03/05/why-albrechtsen-is-wrong-on-executive-pay/#comment-14009 sceptic Thu, 01 Jan 1970 10:00:00 +0000 #comment-14009 "The so-called "record year" referred to by Albrechtsen is an example of why short-term myopic remuneration structures (which favour "current year" profit over long-term, sustainable growth) are disastrous for shareholders."<br /><br />And yet shareholders are keen that no-one be rewarded for this year - criticism of "myopic remuneration structures" is driven by its own myopia! “The so-called “record year” referred to by Albrechtsen is an example of why short-term myopic remuneration structures (which favour “current year” profit over long-term, sustainable growth) are disastrous for shareholders.”

And yet shareholders are keen that no-one be rewarded for this year - criticism of “myopic remuneration structures” is driven by its own myopia!

]]> By: Pertina http://www.crikey.com.au/2009/03/05/why-albrechtsen-is-wrong-on-executive-pay/#comment-14010 Pertina Thu, 01 Jan 1970 10:00:00 +0000 #comment-14010 I am genuinely puzzled why Jeff Sparrow and now Adam Schwab seem to be taking Janet Albrechtsen seriously. Surely nothing this lady says or writes warrants such polite and thoughtful analysis. I live in hope that eventually a down-under Jon Stewart will emerge to do justice to Janet A. I am genuinely puzzled why Jeff Sparrow and now Adam Schwab seem to be taking Janet Albrechtsen seriously. Surely nothing this lady says or writes warrants such polite and thoughtful analysis. I live in hope that eventually a down-under Jon Stewart will emerge to do justice to Janet A.

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