> The legal requirement is more a fail safe than a mandate, because obviously the company wants to act in the best interest of the company
"The company" is not a living thing. It cannot "want" something.
A company does what its management and board wish for it do to. Ergo its wants are the managements wants. Management is human, and most humans want money.
Paying management with company stock is theoretically meant to align those incentives.
"The company" is not a living thing. It cannot "want" something.
A company does what its management and board wish for it do to. Ergo its wants are the managements wants. Management is human, and most humans want money.
Paying management with company stock is theoretically meant to align those incentives.