What Everyone Should Remember about Buffett’s Views on Executive Compensation

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1 Response

  1. Brett Bellmore says:

    Another example of the second problem, even harder to deal with: Charity. For an executive, giving the company’s money to their favorite charity is almost like embezzling and then donating the money themselves, in terms of advancing their own interests at the cost of the company’s bottom line, without the risk of jail time.

    As long as you give the money to charity, hardly anyone is going to realize you’re looting the company.