This week on the Chanticleer podcast, James and Anthony reveal why our big bank CEOs want to take more risks, ask whether big executive salaries really incentivise business leaders, and take the pulse of the market with a special guest, fund manager Eleanor Swanson.I’m convinced it’s harder to do business in Australia, across the board, and I guess banking is part of that.
The other amazing thing about Premier Investments is how they’ve managed this. It’s a pretty soft economic environment, we’ve hardly seen their revenue or profits budge. They are benefiting from a premiumisation in terms of doctors referring patients to MRI and CT scans instead of X-rays, so they cost a lot more, and in addition, they’re benefiting from indexation.
In terms of the metrics, we want to say earnings is the key focus. At Firetrail we believe that share prices follow earnings, so if the incentives are linked to something tangible, such as profits or earnings, that’s something that we’re comfortable with.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FinancialReview - 🏆 2. / 90 Read more »