Jeremy Goldstein Solves EPS Problem

Jeremy Goldstein is one of the leading business lawyers in the industry with over 15 years of experience. Many companies seek his legal counsel in regards to employee benefits and related concerns. Goldstein has worked with various independent law firms such as Wachtell, Lipton, Katz, and Rosen.

 

Being involved in transactions with large Fortune 500 companies, including Duke Energy, Verizon, and Goldman Sachs, Jeremy Goldstein has skills that are demanded by the market. Moreover, he is involved with different business and finance committees. He also speaks and writes on corporate governance and executive compensation. Aside from his business ventures, Jeremy Goldstein enjoys helping the community. He is an active member of the Make-A-Wish Foundation, and Foundation House (a charity that helps individuals with mental illness). More recently, Goldstein explained a mutual agreement for employee incentives.

 

There are a plethora of contributing factors that create a workable environment for large-scale companies, but it is difficult to fully address them. Jeremey Goldstein is one of the people who can see this dynamic and that it will cause a struggle between employees and investors. Goldstein offers companies to better utilize their Earnings per Share or EPS, especially in performance-based services.

 

For stockholders, EPS is the most influential factor in determining the quality of investments. Consequently, companies tend to show misuse this important factor when they abuse it. More specifically, the top executives in the company want to project profitability, and the best method they do it is by skewing the results. Aside from the illegal aspects, EPS can significantly deter employees from receiving any incentives.

 

There is a trickle-down effect when stockholders are given a false sense of prosperity. When the mistake is pointed out, the company suffers financially, which essentially means that employees suffer. Many believe that skewing EPS is not a sustainable effort, as it only provides short-term benefits. It is only after companies start working towards long-term investments that they truly prosper. EPS serves only as a virus that boosts profits temporarily but causes large damage in the future. Learn more: https://www.linkedin.com/in/jeremy-goldstein-26aa1b4

 

Jeremey Goldstein proposes a solution: a mutual agreement between the anti and pro EPS advocates. While removing the EPS pay-based performance is not ideal, Goldstein suggests that CEOS and top executives be held accountable for their actions. EPS should fit the company goals and its long-term investments.