From WSJopinion: How to sell shares and avoid benefiting from insider information? In equal sums every day.
Wonder Land: With social media platforms like Facebook and Instagram, we have democratized neurosis. Images: Getty Images/Walt Disney via Everett Collection Composite: Mark KellyMark Zuckerberg has been criticized by privacy advocates, parents critical of social media, and politicians on Capitol Hill. But in one respect, the Meta Platforms CEO is the model executive. Mr.
The problem starts with CEO pay. It isn’t the canard that it is “excessive,” but a conundrum arises because CEOs are compensated primarily with company stock. This idea—a product of the early 1990s—revolutionized American corporations. By aligning the interests of CEOs and shareholders, equity pay reduced the temptation to build empires and focused corporate managers on creating value for shareholders.
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