Why would you pay a bonus for completing a deal before you know if it was a good deal or not?
Read these three thumbnail corporate case histories. See if you can spot the key differences from the perspective of a portfolio manager. Go on. Close your eyes and try to think yourself into the mindset of an institutional investor: you've committed a not insignificant proportion of your clients' funds to these stocks and you read in the press about the bonuses paid to their respective CEOs. How do you feel? What do you want to do to the chair of the remuneration committee responsible for
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Janet Dignan
Janet Dignan is a graduate of Otago University in New Zealand, where she read philosophy. From 1979 to1982 she was head of information at Linklaters, with responsibility for internal and external information resources for its offices in London, Hong...
Founding editor
