At the September 16th meeting at MassMEDIC (the association of medical device manufacturers), the folks from Radford, leading compensation consultants, made a comprehensive presentation of trends in med device compensation. Radford reports that salary budgets have been almost flat … Continue reading
Category Archives: The Law
Suffolk Construction CEO John Fish leads the committee exploring bringing the 2024 Summer Olympic Games to Boston. His reasons, however, are likely not what you expected. Delivering remarks at the National Association of Corporate Directors/New England September 18th breakfast meeting, … Continue reading
Economic growth in China may have slowed, but it has slowed to an annual rate which for the foreseeable future, claims GE Chairman Jeff Immelt, will be between 7% and 8%. I note that this is more robust than predicted … Continue reading
Future manufacturing and construction jobs in the United States should not be viewed as blue collar jobs but rather as white collar jobs. The September 18th panel convened by the National Association of Corporate Directors/New England (consisting of GE Chairman … Continue reading
The near term prospect for United States business is on the uptick. Our recovery from the recession is steady, although it is subject to months where statistics appear counter-cyclical. The United States is faring better than most developed economies, and … Continue reading
We await the much-heralded IPO of Alibaba, the Chinese on-line retailer that is larger than — I read this somewhere, what was it, larger by sales than the economy of Europe and the US combined??– no that cannot be right…. In … Continue reading
The current law in Massachusetts concerning enforcement of noncomps is based upon court cases and not on statute, is confusing and very fact dependent as to which noncompetition covenants will be enforced, and is a constant matter of legal dispute … Continue reading
Let us say you are a company that wants to make a profit, but wants to consider not only the interests of the shareholders, returning some profit to them, but also the interests of other groups you characterize as “stakeholders”: … Continue reading
In the prior post, we tracked broadly the treatment of American corporations as economic institutions driven by increases in shareholder value. Boards of directors and CEOs are now being held to building shareholder wealth as their mission. This second post … Continue reading
The ongoing saga at Market Basket focuses clearly the following question: what is the appropriate role of an American corporation in the modern age? While the shareholders battle and squabble for control and power, various constituencies affected significantly by Market … Continue reading