The companies' plans to give shares to hosts and drivers may be a small step but it points to a bigger economic transformation.
Controlled corporations - those US public companies where insiders get extra voting rights or the ability to elect the directors - claim that such special rights increase their returns for all investors. But the truth is that controlled companies are built for corporate comfort.
Perhaps the biggest story coming out of campaign 2016 is not the rise of Bernie Sanders and Donald Trump, but the fact that the media and political establishment never saw it coming. And the fact that they never saw it coming perfectly explains the rise of Sanders and Trump.
Even if the country isn't the socialist utopia of Bernie Sanders' dreams.
(1) Workers are paid immediately and fairly for their time at work. CEOs also benefit from stock buybacks because it makes
Boards and their advisors must look ahead to the greatest challenges and opportunities of the twenty-first century in building the best boards and focusing their agendas accordingly.
Corporate governance is increasingly applied to an extended form of monitoring corporate activities that include the impact on society and the natural environment. This additional agenda can create tension and conflicting priorities among the traditional roles of shareholders.
The majority of CEOs on Wall Street are hardworking, honest men and women, however bad apples can seed themselves in any company. CEOs can seduce investors with legal loopholes and sleight-of-hand tricks, even if they never technically cross the line of lying, cheating or stealing.
This happens to be a common problem. Founder fatigue, differing visions, externalities -- these can all put stress on partnerships. That is why you should always pick your co-founders wisely, and not just because you know them and they are available at the time.
We need a fresh look at the whole concept of "Pay for Performance." But maybe the problem isn't with the basic concept of Say on Pay -- it's that the wrong group is asked to weigh in.
On May 27, 2015, the shareholders of utility Southern Company will have the chance to tell the corporation's board that they want more independence, more transparency, and a stop to the company's support of climate change "research" that fails to meet academic standards for integrity.
I have been a practitioner for corporate communications, including public relations for more than three decades. And I have been working in corporate responsibility for the last 15 as well. In that time I have come to the conclusion that the two professions are - or will become - one and the same.