This week’s IGM European Economic Experts Panel statements:
A) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities.
B) Appropriately managed corporations could create significantly greater value than they currently do for a range of stakeholders – including workers, suppliers, customers and community members – with small impacts on shareholder value.
C) Effective mechanisms for boards of directors to ensure that CEOs act in ways that balance the interests of all stakeholders would be straightforward to introduce.
Keyword: chief executives
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This week’s IGM Economic Experts Panel statements:
A) Having companies run to maximize shareholder value creates significant negative externalities for workers and communities.
B) Appropriately managed corporations could create significantly greater value than they currently do for a range of stakeholders – including workers, suppliers, customers and community members – with negligible impacts on shareholder value.
C) Effective mechanisms for boards of directors to ensure that CEOs act in ways that balance the interests of all stakeholders would be straightforward to introduce.
This week's IGM Economic Experts Panel Statement:
It is best for society if the management of U.S. publicly traded corporations only considers the impact of their decisions on customers, employees, and community members to the extent that these impacts feedback to impact shareholder wealth.
This week's IGM European Economic Experts Panel statements:
A) Letting publicly traded European firms report earnings annually rather than quarterly would lead their executives to place more weight on long-term issues in their investments and other decisions.
B) A switch from quarterly to annual earnings reports would, on net, benefit shareholders of European firms.
This week's IGM Economic Experts Panel statements:
A) Letting publicly traded US firms report earnings annually rather than quarterly would lead their executives to place more weight on long-term issues in their investments and other decisions.
B) A switch from quarterly to annual earnings reports would, on net, benefit shareholders.
This week’s IGM Economic Experts Panel poll statements:
A) The typical chief executive officer of a publicly traded corporation in the U.S. is paid more than his or her marginal contribution to the firm's value.
B) Mandating that U.S. publicly listed corporations must allow shareholders to cast a non-binding vote on executive compensation was a good idea.
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