Description: Is this why executive compensation is out of control? Warren Buffett disagreed with Coca-Cola’s latest plan, but he abstained from the vote instead of using the power of his millions of shares.
Source: CNNMoney.com – video report
Date: Apr 25, 2014
Questions for Discussions:
- What did Warren Buffet say about the way boards make compensation decisions?
- What message do you think Buffett sent by abstaining?
- What does this report say to you about the way higher management makes decisions?