shortalls purchases over last 12 months, page-3

I agree completely CREDIT, but not all CEO's or Directors have that sort of capital available.

But I would suggest that all bonus remuneration should be in shares, issued at the price at that time, and cannot be sold within at least 2 years from the date of issue.

They will receive bonus in same financial value, shares instead of cash. This will have a tax issue as the bonus would normally be taxed in the year of receipt, but I think it warrants tax deferral to align Exec with shareholders. This would result only in tax deferral, not minimization.

This principle should still apply even if there is no tax deferral. Ie: the bonus amount after tax should still be issued in shares.

It also needs to be at least 2 years, if not up to 5 so that there is complete alignment in the interests of the shareholders and the executive. Short term opportunism needs to be discouraged strongly.

Just my thoughts...