Jeremy Goldstein speaks of the implications of EPS in corporations. Learn more: https://nycinquirer.com/2018/01/15/nyc-lawyer-jeremy-goldstein-recommends-compromise-for-employment-incentives/
A large number of factors influence a sustainable economic market for corporate organizations. These pose great challenges to the said corporations. Jeremy Goldstein is an attorney practicing in New York City. He has witnessed how the said challenges may cause adverse loses to investors and employees. His vast experience in the corporate sector enables him to offer up expert advice. He guides institutions on how to handle Earnings Per Share(EPS). He offers a new perception into the use of the EPS in pay programs that are based on performance.
Critics have termed the use of EPS as being partial to the executive parts of a corporation. They believe that rather than providing collective control, it gives excessive powers to CEOs. This in short means that the higher ups could be coming up with false data. This misrepresents a company’s performance hence illegally driving up its share sales. Some also offer that the EPS metrics is useful for short-term profitability. Critics also term them as unreliable since they are ever-changing. Experts like Larry Fink advice on the focus long-term goals. This ensures companies eventually find ways to strengthen their position in the stock market.
Jeremy Goldstein argues that both means can be beneficial to investors and employees. EPS offer mild incentives hence boosting work morale. As a remedy to its downside Executives should be held accountable for their actions. This can also be done by ensuring that pay per performance is measured against long-term goals. This will enable a steady growth rate for the company’s share price.
About Jeremy Goldstein.
Jeremy L. Goldstein is an attorney in New York City. He is a senior partner at his recently founded firm Jeremy L. Goldstein & Associates LLC. It is a boutique law firm dedicated to advising corporations on executive compensation and corporate governance matters. Before founding his firm, he was a partner at Wachtell, Lipton, Rosen & Kaltz. He has also worked with several other companies. Such as; cellular companies, oil and petroleum companies, stockholder companies and banking companies. His work for them was in matters of monetary legality and compensation. He has also written several books and journals providing counsel on current and popular legal matters.
In the Legal 500, Jeremy Goldstein has been listed as top selections for legal counsel. He is a member of American bus association (business section). He is the chairperson of the Mergers and Acquisitions Committee.