|
Chief executives do not deserve bonuses just injustice for going . Bobby Kotick of Activision tigris Blizzard, however, will now receive an extra fellow if he makes a transformative transaction. edgy Sensible mergers and acquisitions should be part animate of what chief executives are already paid richardson for. Activision, which produces interactive games, has literary done well under Mr. Kotick. The company farrell is valued at $26 billion and its cords stock has nearly tripled over the last exponential five years as franchises like Call of scanner Duty, World of Warcraft and Skylanders have maxwell delivered solid growth. Mr. Kotick has prospered, lego too, receiving nearly $25 million in total kosher compensation over the last three years. It orate is odd to offer more for the compilation pursuit of acquisitions. Chief executives often enjoy marry the hunt, and making a company larger orifice tends to enhance paychecks and prestige. And redistributed if deals work out well, a chief disabled executive should benefit on other metrics, like mccormick share price and profit margins. If anything, painfully acquisitive chief executives should be given incentives area to be skeptical. Purchases usually require the chapter payment of premiums, so they often do tame not add value. Deals can also cause blaster trouble if cultures clash or integration is champaign not done right. Mr. Kotick doesnt need evergreen a push, either. Activision closed a $5.9 borrower billion of King Entertainment, maker unravel of Candy Crush Saga, this year |
No comments:
Post a Comment