Yep! not one is worth 5 million 10, 50, or a hundred million a year, to include Bill Gates. The comp they receive doesn't come for the revenues the company generates.
The way most people working a company are paid, a payroll check, and if they are making money for the company they aren't either.
This is where the problem lies, where they begin and end. ...........Stock holders pay it.
Only the founder(owner), and partner(s), should own stock.
Shareholders who purchase on the open market, and or the financiers who lend for additional working capital. This should be regulated in such a way that it would dis-allow owners to sell until the company is acquired thru a sell, or the shares that give them control of the company to each other if they want out. Legally they would probably have binding agreement the partner(s) have first right, and if there is no one buying they can sell on the open market. If these are sold and purchased inside the company by a partner these shares would have to remain restricted under the same guidelines.
Financiers stock should be restricted for a minimum of a year unless their is a written agreement clause that gives the company the right to repurchase the shares upon re-payment with interest.
Anyone including the owners who wish to own more shares would have to buy an sell on the open market like everyone else. The SEC needs to be informed when they are doing this thru a filing.
To me this only makes common sense, why should a owner be allowed to use a public company to their benefit in such a way, as opposed to the companies benefit, and its shareholders?. These people are allowed to use these companies as their own personal piggy bank.
A million dollar salary sounds like a lottery ticket, who is really worth more than this, its more than most people make, and at $50k, if their workers are even making this?, annually, unlikely, but it would take that average worker 20 years to make this kind of money.............see how crazy it all is?.
Gates is pulling in around a half billion annually with stock, an opitons, but the stock price doesn't benefit, its been trading in the same range for at least 7 years+, but if it should go higher he and his execs benefit, not the stockholder............He makes software!, not remedies for cancer, or water filled bottles with the fountain of youth inside.
These ideas are simple, but if it was well thought out, and written in legal language it would stop this nonsense. Its nothing more than legal manipulative corruption. Its here where the door opens for every other kind of corruption.
