Daniel McBride    

@DMcBride01

Accounting Graduate with Honours + Fund Accounting Change Specialist + Capitalist + Avid Wristwatch Enthusiast 🇪🇺 🏴󠁧󠁢󠁳󠁣󠁴󠁿

Kirkintilloch, Scotland
Joined September 2014

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  1. Pinned Tweet
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  2. hasn't been kind too Venezuela! The economy has shrank 18%. Cue: " claiming it isn't real socialism!" - Sorry (not sorry) to disappoint, facts speak for themselves my friend. They aren't looking too favourably on Socialism

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  3. So that is why any kind of social initiative should be evaluated on the basis of what value does it bring to Shareholders. /6

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  4. to go out on the Labour market and find another. It might mean a few weeks/months of no income but it in monetary terms, it certainly wouldn't compare to an investor potentially losing hundreds of thousands or even millions of ***INSERT CURRENCY HERE***. /5

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  5. all of it, they may only get a partial return of the principal investment. This is better described in the "Creditor Pyramid", shareholders are at the bottom. This is compared to an employee, for example, who may lose their job but they have the skills and the experience... /4

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  6. is to generate financial returns for its shareholders/owners. This is because the shareholders/owners hold the largest risk for a lower reward compared any other stakeholder. If a company goes bust, its the shareholders who are risking their own money; they may lose... /3

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  7. to have a sense of pride in their employer; just to name a few. However, these initiatives should be evaluated on the basis of "what benefit Can this bring to the company's financial performance?" After all, companies are not charities and the primary goal of a company... /2

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  8. Firstly, and this kinda goes without saying, ofcourse a company can participate in initiatives. After all, they can produce benefits such as improved employee satisfaction, morale, retention - it gives the employee something... /1

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  9. rhetoric. Let's move away from this that for some reason is emanating from these people and look at the facts. Because empty rhetoric will help no one! /11 (final)

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  10. will reflect this. There's a reason why wages & salaries increase as an employee is promoted up the corporate ladder as they take on more & more responsibilities. But I suppose will not let these facts get in the way of a good whinge, whine or pointless... /10

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  11. This takes an insanely complicated structures and hierarchies, managerial and people skills. This is in comparison to the ordinary employee whose responsibilities is usually very specialised and limited to very small, specific aspects of the business. As such, their wages... /9

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  12. and areas. Therefore, directors have to develop and manage strategies and plans of action across the whole aspects of the company, coordinating all of these of that every aspect of the company is performing so to generate financial returns for the shareholders. /8

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  13. have to say this but it seems folk are overlooking this obvious fact; directors are in charge of a whole company and if it's a FTSE100 company, then it is usually global operations. As such, it goes without saying that directors have responsibility over numerous departments... /7

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  14. perceives that the company is doing well & so the market will reflect this perception in the Company's fair market value of the company's share price. Thirdly, the differences of responsibilities between a director and an ordinary employee differ HUGELY! I can't believe I... /6

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  15. Performance to pay is through Share Options. These are usually not redeemable until a certain length of time has passed. Obviously, the director is wanting to get the most back for the shares they have and so will work to promote Corporate Performance so that the market... /5

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  16. presented to for them to vote on. If the ' pay has increased, it is because the shareholders have voted on it and approved it(as recommended by the Remuneration Committee)! Secondly, the way shareholders and the Remuneration Committee link Corporate... /4

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  17. the recruitment, motivation and retention of senior executives while also complying with the requirements of regulation." (FT, Lexicon, Definition of a Remuneration Committee [1]). Directors do not set their own salaries. The remuneration packages for Directors are... /3

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  18. ...this committee has to have no less than 3 (or 2 for smaller companies). Is it not the case that this committee's remit, as described again in the aforementioned code, is "to ensure that remuneration arrangements support the strategic aims of a business and enable... /2

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  19. I feel I have to bring these points to the table here. Firstly, is it not that case that the determines what the pay packages are for directors and is it not the case that the UK Code 2010 stipulates that... /1

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  20. 22 hours ago

    From Bloomberg: "Fat Cat Friday is a gimmick heavily reliant on stoking public hostility to get companies to reduce salaries at the top. It ignores the fact that CEOs’ roles are becoming more important and that their decisions can make or break a company."

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  21. Jan 2

    “The problem with socialism is that you eventually run out of other people’s money.” -Margaret Thatcher

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