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

Link: http://money.cnn.com/video/news/2014/04/24/n-warren-buffett-coca-cola-compensation-excessive-board-of-directors.cnnmoney/index.html

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?