A competitive environment characterizes the corporate world and at times uncertainties in the market. Companies that fail to build structures that cushion them from these tend to collapse. It is therefore essential for entities to seek expert advice from those who have an excellent understanding of the markets. It is at this point that professionals like Jeremy Goldstein come in handy.
His experience in law and corporate management provides him with an incredible backing to offer insights on various aspects of law and organizational issues. For instance, he gave his views on the Earnings per Share, an issue that has received widespread attention. Goldstein recommends that corporates using the Earnings per Share should develop structures that ensure Chief Executive Officers and other top-level executives are held responsible for the abuse of these strategies. Such an approach enhances the achievement of a company’s goals owing to the pay per performance incentives. Besides, Goldstein pointed out that this is a pre-requisite for long-term sustainability for a company’s growth and performance.
The recommendation is geared towards alleviating the issue of favouritism and to a large extent, the inability to hold CEOs responsible. The two are the main weaknesses highlighted by many of those who oppose the inclusion of Earnings per Share (EPS) in a company’s strategy. Goldstein’s recommendation would be apt where you may want to establish a vibrant workplace.
Recent studies show that integration of the Earnings per Share into the overall payout structure of a company influences the success rate. The application in many firms has also reinforced the findings. Earnings per Share also impact the stock price for stakeholders in addition to motivating employees. However, the strategy has its limitations. There is a possibility of being compromised by executives or top level of management. These individuals may manipulate results from the analysis or assessment of the metrics.
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About Jeremy Goldstein
Jeremy Goldstein is indeed a well-educated man. He is a holder of two degrees, a Masters from the University of Chicago and a B.A from Cornell University. Also, he has a Doctor of Jurisprudence degree from New York University School of Law.
The academic qualifications are matched by immense experience in the field of law. Mr. Goldstein has worked in various sectors including banking, cellular, and oil industries. He worked as a partner at Wachtell, Lipton, Rosen, and Katz. He was a vital member of the highly experienced team. Goldstein left the firm to start his law firm.
Jeremy L. Goldstein & Associates LLC is mainly involved in offering advisory services in corporate governance and executive compensations The Legal 500 places Goldstein among the best lawyers in the country owing to his achievements. He provides useful insights on corporate governance and executive compensation during lectures and seminars as well as on journals and blogs.