Too often the investor confidence in a corporation can be influenced by how the executives of that corporation decide to report their Earnings Per Share (EPS). The EPS number that a company reports plays a large influence in whether investors buy or sell a company’s stock. EPS can also be integrated into an employee benefit package as an incentive for employees to perform better. It can also be used in a nefarious way in order to gain an unfair advantage.
New York City attorney, Jeremy Goldstein has some advice for companies that are seeking to utilize their EPS numbers in a responsible way. As an expert in employee compensation law, Goldstein suggests a compromise between the two ways of thinking. He thinks that EPS can be an important tool to use in a compensation package but should only be part of the plan. The key to ensuring that executives don’t misuse the EPS number corporations should put stop-gap measures in place to hold the executives accountable for any misdeeds. The key is for a company to focus on long term goals instead of short term goals that are meant to get the best EPS number.
Jeremy Goldstein has practice employment law for the better part of 20 years. He is a graduate of Cornell University and the University of Chicago. After getting his Master’s degree Jeremy studied at the University of New York Law School, getting his Juris Doctorate in 1999. Since then he has been a practicing attorney for several law firms. He founded his own firm, Jeremy L. Goldstein & Associates in 2014. He is widely regarded as one of the premier compensation lawyers in the Northeast. He has worked on dozens of high profile business acquisitions and company mergers in the past five years.
Goldstein is a member of the American Bar Association Business section. He is also the Chairman of the Board on the Mergers and Acquisitions (M&A) Committee of Executive Compensation. For the past 10 years, Jeremy has also served as the President of the Fountain House. The non-profit assists those who suffer from mental illness find footing in the community.
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