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A few footnotes to the Merrill Lynch / O'Neal story...and CEO compensation in general... As founders and the founding families of today's giant, modern corporations -- the Merrills of Merrill Lynch, the Rockefellers of Standard...
Attention corporate executives -- don't shrug this off. XBRL is going to revolutionize accounting and corporate [financial] reporting. Standard dictionaries ("taxonomies") are in development by a number of cooperating agencies...
So you take years, decades, centuries perhaps to build the brand, win the loyalty of customers, fine-tune the marketing and promotion, establish your distribution channels, and constantly perfect your business model. Then...
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Contents ? By Governance & Accountability Institute, Inc 2007 - Please credit author and Accountability-Central.com if you use this content.
Henry
(Hank) Boerner
Columnist,
Accountability
Central (sm)
Chairman & CEO
Governance & Accountability Institute, Inc.
Mineola, New York 11501
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hboerner@accountability-central.com
Tel 516.248.2383 ext. 19
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