Jeremy Goldstein Calls for Compromise and Accountability

landr | New York Attorneys

In recent years, sustaining a flourishing economic environment has become more and more complex for many of the world’s most powerful corporations. Jeremy L. Goldstein is an attorney is an executive compensation lawyer based in New York City, as well as the founder of Jeremy L. Goldstein and Associates, LLC. Witnessing, on an intimate basis, the volatile environment that can result from these situations, Mr. Goldstein is aware of the incentives that long-term investors, as well as employees, stand to lose. Throughout the course of his career, Jeremy Goldstein has worked with industry juggernauts such as Bank of America, Goldman Sachs, Verizon, and United Technologies Corporation, and he recently offered up his advice on how corporations such as this should hand Earnings per Share and other incentive-based programs. Earnings per Share are generally positive for both employees and CEO’s, and for shareholders, is one of the primary influencers on stock prices. Shareholders are often driven to buy and sell based on Earnings per Share, and according to the latest studies, including Earnings per Share in a company’s pay structure, is directly tied to an increased rate of success amongst many of the world’s top corporations. While taking advantage of Earnings per Share can be seen as positive on the surface, due to the competitive nature of the stock market, executives and CEO’s can often use this to manipulate stock prices over the short term. Including Earnings per Share as an incentive can allow a CEO or executive an immense amount of power concerning whether or not goals regarding metrics are met, therefore distorting the true metrics. Jeremy L. Goldstein believes that a compromise, in which CEO’s and other executives are held accountable for illegal, or unethical practices, is a way to continue Earnings per Share incentives while growing a business.

Jeremy L. Goldstein is the founder of Jeremy L. Goldstein and Associates, LLC, and is listed as one of the top choices for legal counsel according to Chambers USA Guide to America’s Leading Lawyers for Business, and the Legal 500. He attended Cornell University as an undergraduate, earned his Doctor of Jurisprudence degree from New York University School of Law, and his M.S. from the University of Chicago. While he does head his own firm, Jeremy Goldstein is also an active contributor to literature regarding executive compensation, and he is also a member of the American Bar Association Business Section.

 

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