Have Our Corporate Chieftains Become Expendable?

Between 1947 and 1999, nonfinancial U.S. companies shelled out an average 19.6 percent of their operating cashflow to shareholders, notes economist Andrew Smithers. The second half of that half-century saw stock options become an ever more dominant sou…

Between 1947 and 1999, nonfinancial U.S. companies shelled out an average 19.6 percent of their operating cashflow to shareholders, notes economist Andrew Smithers. The second half of that half-century saw stock options become an ever more dominant source of corporate CEO compensation. The 21st-century result? Between 2000 and 2017, the Smithers research finds, the average corporate cashflow to shareholders more than doubled to 40.7 percent. More

The post Have Our Corporate Chieftains Become Expendable? appeared first on CounterPunch.org.


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» Have Our Corporate Chieftains Become Expendable? | Sam Pizzigati | radiofree.asia | https://radiofree.asia/2023/08/10/have-our-corporate-chieftains-become-expendable/ | 2024-05-17T10:34:43+00:00
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