Skip to main content

View Diary: Detroit Fast Food Emporium to pay $15/hr, Make Profit, and Expand. (103 comments)

Comment Preferences

  •  Susan, at McDonalds all the officers and directors (1+ / 0-)
    Recommended by:
    jpmassar

    as a group own less than 1% of the outstanding shares as you can see here:

    http://finance.yahoo.com/...

    There is no doubt that McD is run to please Wall St as the stock is owned by mutual funds and other institutional investors, and the officers and directors do benefit from higher share prices. But the company isn't run in a manner to please Wall St. because of equity incentives for the management and the board. As a public company McD's is subject to the "Revlon Rule" which requires that they manage the company in a manner that maximizes the long term value for shareholders.

    "let's talk about that"

    by VClib on Wed Sep 11, 2013 at 07:38:02 AM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site