stock ownership: Eric Sprott looks on during a meeting at his office in Toronto, in October, 2010, according to The Toronto Star. An inaugural report of the newly launched Shareholders' Gold Council tracked 17 gold companies, comparing stock ownership by chairmen and women and chief executive officers with five-year compensation, and then compared that ratio to shareholder returns. Businesses tend to perform better when top managers have a high ownership-to-pay ratio, according to the inaugural report of the newly launched Shareholders' Gold Council, which tracked 17 gold companies. Of the 30 executives listed, Kirkland Lake Gold Ltd.'s Chairman Eric Sprott and Franco-Nevada Corp.'s Pierre Lassonde had by far the highest ownership-to-pay ratio, at 381 times and 160 times compensation, compared with single digits or lower for most of the pack. The report compared stock ownership by chairmen and women and chief executive officers with five-year compensation, and then compared that ratio to shareholder returns. Aaron Harris / Toronto Star You have a much bigger ownership in those stocks that have performed Er above the median and the gold price in the last five years, Christian Godin, who heads the Shareholders' Gold Council, said in a telephone interview.
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