septiembre 29, 2004


Seems to me that everything in business runs in cycles.

Forbes is running a series on corporate integrity. About Microsoft they say:
One reason Microsoft gets an A for corporate governance is that Chief Executive Steve Ballmer and Chairman Bill Gates, unlike their employees, do not get stock awards.
This amuses me. I wrote previously about not believing the hype around companies, and used Campbells Soup as an example.

Campbells' Board of Directors was given awards for having the best board in America, and one of the reasons -- if I recall correctly -- was that they took the lead in compensating directors in stock options.

Now companies are giving awards for not giving stock options. Figures.