SENATE BILL: Executive Compensation Act of 2014 (Redraft Vetoed)

[🐒Gods of Prosperity🔱🐲💸]

What's wrong with stock-based compensation?

[🐒Gods of Prosperity🔱🐲💸]

What's wrong with stock-based compensation?

Executives, or whoever receives the compensation, are incentivized to manage stock price to maximize their returns. By definition, this means that they need to manage expectations and then attempt to exceed them, rather than actually perform well.

If they are maximizing returns, how is that not performing well?

[🐒Gods of Prosperity🔱🐲💸]

July 1, 2014 is the beginning of the next fiscal year in Atlasia.   (At least I think it is.  I know it is in the Mideast.)

[🐒Gods of Prosperity🔱🐲💸]

Edited the amendment back to July 1 dates.

As for Tyrion's comment, FASB 142 is practically irrelevant for companies that aren't publicly traded.

True.

Tyrion, which parts are hostile again?

The changes are all friendly except cutting out the first sentence of the current clause 4, which I find hostile until we agree on a framework to replace the FASB standards for publicly traded companies.

Wouldn't IFRS be that framework according to DC's amendment?

[🐒Gods of Prosperity🔱🐲💸]

AYE on the amendment.

[🐒Gods of Prosperity🔱🐲💸]

Nay

[🐒Gods of Prosperity🔱🐲💸]

nay