The outcome of his actions is relevant, of course. For instance, if a contract cost ISX $500k to execute but ISX only billed the client $400k, then that's a clear detriment directly attributable to his action since there was a loss of $100k.
The decision as to whether detriment is caused or not should be made before deciding if he should be rewarded. That's what I'm saying. He didn't give himself the reward. Shareholders gave him the reward.
Saying the reward caused detriment is saying shareholders caused the detriment themselves because they voted to give him the shares.
- Forums
- ASX - By Stock
- SP1
- Ann: Half Year Accounts
Ann: Half Year Accounts, page-45
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)