Question
What are the important findings in Lazonick's 2014 Harvard Business Review article titled Profits without Prosperity? A. Managers have been properly incentivized to use the
What are the important findings in Lazonick's 2014 Harvard Business Review article titled "Profits without Prosperity"?
A. Managers have been properly incentivized to use the wealth created by the business to to reinvest significantly in their corporations and pay workers adequately for their productivity. This has helped to strengthen American corporations and make them very innovative and competitive in the global marketplace.
B. The SPI and use of equity-based compensation for managers do not seem to have any material impact on the long-term viability of American corporations.
C. Managers have used the wealth created by the business to engage in massive stock buybacks to boost their own compensation leaving little money behind to reinvest in their corporations and pay workers adequately for their productivity. This has contributed to a weakening of American corporations, making the corporations less agile and competitive in the global marketplace.
D. None of the above.
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