We believe our long - term performance is enhanced through an equity ownership culture by our executive officers since it encourages a focus on the long -
term performance of our company.
These targets can often be achieved by the bigwigs turbo - charging the short -
term performance of the company at the expense of long - term performance.
It is a combination of banking on mr market's generousity and the underlying long
term performance of your companies.
Another MoneySense ETF All - stars panelist, Yves Rebetez, managing director of ETFInsight.ca, says «the «value» angle these funds seek to tap into is the superior long -
term performance of companies whose leadership and staff comprises a greater percentage of women in its ranks.»
Specific ESG Focus: The Fund believes that the long -
term performance of companies operating in long established and / or emerging markets alike depends on progress towards sustainable development.
These key employees are critical to the long
term performance of your company.
The strength of our promise to customers is backed by the financial stability and long -
term performance of our company.
The strength of our promise is backed by the financial stability and long -
term performance of our Company.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage
performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their
performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable
terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the
Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
For Directors» equity to vest (the portion they did not purchase), hurdles would need to be achieved that reflect personal
performance and long -
term value creation
of the
company.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support,
performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8)
company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near
term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined
company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial
performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined
company, to retain and hire key personnel.
And I think if these issues aren't addressed, very serious ones, it risks actually impacting the financial
performance of the
company and long -
term value.»
Earlier this year, researchers published an academic study examining the long -
term stock
performance of companies that had won the Corporate Health Achievement Award, an annual prize that the American College
of Occupational and Environmental Medicine has bestowed since 1996.
Of course, stock performance does not factor at all in a company's Fortune 500 ranking, which lists the largest U.S. companies in terms of their revenue
Of course, stock
performance does not factor at all in a
company's Fortune 500 ranking, which lists the largest U.S.
companies in
terms of their revenue
of their revenues.
In 2014, over 97 %
of the
company's employees received long -
term incentive benefits, which are awarded based on their
performance.
Reward them based on real
performance, in
terms of something like earnings or sales or market share — different systems will make sense for different
companies with different strategic objectives.
Robbins and Mallouk go into detail in «Unshakeable» about how to consider diversifying your investments, but say anyone should consider investing in an index fund, which allocates money across
companies in an index, essentially giving you representative ownership
of that market — which, again, will grow over time regardless
of short -
term performance.
High -
performance doesn't equal living at the office anymore, and if your goal is to have a high - functioning
company for the long
term and to really make it sustainable, you need to embrace the fact that your employees are people who also have lives and responsibilities outside
of work.
As different as investors are, they have one thing in common: the long -
term performance of any
of their stocks depends on the long -
term profit growth
of the respective
company.
As discussed in the CD&A under «Compensation Components» and «Achieving Compensation Objectives — Pay for
Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockho
Performance,» we have provided incentive compensation in the form
of an annual cash incentive award based on
Company, business line and individual qualitative
performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockho
performance results for each fiscal year, and long -
term incentive compensation generally in the form
of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long -
term stockholder value.
A study by independent research
company Morningstar found that expense ratios are the most reliable predictor
of future fund
performance — in
terms of total return, and future risk - adjusted return ratings.
The metric
of «cash flow from operations as a percentage
of revenue» has been used for more than five years as a financial metric in HP's long -
term incentive programs, and HP believes that it continues to be a key metric that both drives and demonstrates improved financial
performance within the
company.
Among HP's peer group
companies, HP executives have a higher percentage
of performance - based pay, which generally means smaller bonuses and lower overall compensation in years
of low
performance and higher bonuses and long -
term incentive payouts in years
of exceptional
performance, reflective
of the
performance achieved.
corporate goals and objectives for CEO compensation including, for long -
term compensation, the
Company's
performance and relative stockholder return, the value
of similar awards to CEOs at comparable
companies and past CEO awards; and
The HRC has reaffirmed the policy
of deferring a portion
of annual incentive compensation for the
Company's highest earners in the form
of long -
term awards whose vesting
terms take into account longer risk - emergence periods, and has overseen the implementation
of standard
performance objectives for the
Company's control function staff to further prevent or discourage excessive risk - taking.
Except for those executives who have an employment agreement that expressly provides for payment
of an Award under the Bonus Plan in limited circumstances, in the event a participant's employment is terminated for any reason prior to the date
of payment
of an Award under the Bonus Plan, such participant will not be entitled to any bonus under the Bonus Plan, provided that in the event that a participant's employment terminates during the
performance period due to (i) death or (ii) disability, the Committee may, at its sole discretion, authorize the
Company to pay, on a prorated basis, an Award determined in accordance with the
terms and conditions
of Bonus Plan.
Before the end
of the first quarter
of the relevant fiscal year, the Committee establishes financial and
performance targets and opportunities for such year, which are based upon the
Company's goals for Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) and are linked to our budget and plan for long -
term success.
Companies should give CEOs share units less often and stop paying them with stock options to motivate better long -
term performance and minimize the role
of luck in compensation payouts, a new report argues.
Companies started tying
performance pay to «short -
term metrics, and suddenly all the things we don't want to happen start happening,» said Lynn Stout, a professor
of corporate and business law at Cornell Law School in Ithaca, New York.
Working closely with industry partners, authorities and local communities, we drill to maintain our position as one
of the world's leading exploration
companies — whether you measure us in
terms of value creation, health, safety or environmental
performance.
In determining the long -
term incentive component
of CEO compensation, the Committee shall consider, among other factors, the
Company's
performance and relative shareholder return, the value
of similar incentive awards to chief executive officers at comparable
companies, the awards given to the CEO in past years, and other factors considered relevant by the Committee.
In addition, the HRC recently expanded the use
of Performance Share awards to a broader group of management, and reaffirmed the Company's directive to provide a portion of annual incentive compensation in long - term awards for the Company's highest earners and to create standard performance objectives for the Company's control function staff, to further provide safeguards that either prevent or discourage excessive ris
Performance Share awards to a broader group
of management, and reaffirmed the
Company's directive to provide a portion
of annual incentive compensation in long -
term awards for the
Company's highest earners and to create standard
performance objectives for the Company's control function staff, to further provide safeguards that either prevent or discourage excessive ris
performance objectives for the
Company's control function staff, to further provide safeguards that either prevent or discourage excessive risk - taking.
As our study has consistently shown over the past eight years, there is no long -
term correlation between the amount
of money a
company spends on its innovation efforts and its overall financial
performance; instead, what matters is how
companies use that money and other resources, as well as the quality
of their talent, processes, and decision making.
The dollar values
of the long -
term compensation targets were then converted to shares
of Company common stock using the stock price on the date
of grant for the
Performance Share awards.
The following illustration provides an analysis
of the
performance of the top five US
companies in
terms of market capitalization in 2017.
'' [Public
companies] can continue to resist pressures to focus on the short
term at the expense
of long -
term strategy, growth and sustainable
performance.
Many times, investors drive up those multiples much faster than the earnings and revenues actually increase, which means that a
company whose earnings are growing at 15 % a year can have stock price gains
of multiples
of that within a year, boosting the investor's short -
term performance.
This means that they are much better suited to recognising any warning signs in the
company performance, know the impact
of any key personnel leaving, and are not worried if earnings over a cycle are «lumpy» rather than the perfect, consistent increases in earnings that managers with a more short -
term outlook prefer.
a) investing their own money alongside you, so your interests are aligned b) a stake in the
company they work at i.e. it is a partnership or employee - owned c) a proven ability to outperform an index over the long -
term (at least 10 years) d) reasonable charges — preferably no more than a 1 % management fee and no
performance fee e) a concentrated, high conviction portfolio i.e. they do not just hug their benchmark f) a low - asset - turnover ratio i.e. they have a long -
term investment horizon and rarely sell investments g) a proven ability to preserve capital during the bad times h) a stable team who have worked together for a number
of years.
The
company then uses its deep global operating experience to improve long -
term performance on behalf
of its clients.
I should note that I make no assurances or promises about the future long -
term performance of any
of these
companies, and it is up to each investor to only purchase stocks after their own independent verification
of the facts, consultation with professional advisers if need be, and with a willingness to accept full responsibility for the consequences
of your own investment decisions.
It helps Fortune 500
companies in three areas: 1) Lease Sourcing - Save money on financing
terms by more efficiently sourcing new equipment leases 2) Lease
Performance - Reduce evergreen fees by proactively managing enterprise leases through end -
of -
term 3) Lease Accounting - Comply with new IFRS and FASB accounting rules governing leases
Making long -
term projections based on past
performance and the ability
of a
company to move forward is not gambling.
On average, there has been 97.55 % approval across 147
companies for proposals seeking the approval
of material
terms of performance goals under Section 162 (m).
In making the forward - looking statements in this release, the
Company has applied certain factors and assumptions that are based on the
Company's current beliefs as well as assumptions made by and information currently available to the
Company, including that all conditions to the closing
of the Transactions will be satisfied, including receipt
of all required approvals, and the Transactions will complete on the
terms set out in the APA and the SPA, the acquisition
of the NODE40 Business will have the benefits to the
Company anticipated by management, the 5,000 Rigs will be successfully ordered and delivered, the 5,000 Rigs will perform as expected by management and the timing, installation and
performance of the 770 Rigs will be consistent with management's expectations.
While we expect many
of the first quarter's headwinds to be transitory, our focus remains on diversifying our portfolio across different end markets, macroeconomic influences and
company - specific factors that we believe can contribute to long -
term performance regardless
of the overall direction
of the US economy.
The determination this year reflected the Committee's assessment
of Mr. Iger's strong leadership and vision in achieving strong overall financial
performance while driving the
Company toward the attainment
of long -
term goals including:
«Netstal machines meet the highest standards in
terms of process management, quality
of molded parts and production
performance, and are primarily employed in the manufacture
of particularly complex technical and thin - wall plastic molded parts,» the
company says.
Their Scrappage Incentive was conceived to assist food businesses with their growth and expansion plans, leveraging the
company's industry knowledge and relationships with the best - in - class suppliers in
terms of performance, ROI and reliability.
In contrast to your board
of directors (the «Board»), which has taken — and will continue to take — substantial steps to further drive high
performance and long -
term profitable growth at your
Company, this dissident group has offered no specific plan to enhance shareholder value and is proposing to install as CEO a candidate with no experience managing a public company and no C - suite experience at any c
Company, this dissident group has offered no specific plan to enhance shareholder value and is proposing to install as CEO a candidate with no experience managing a public
company and no C - suite experience at any c
company and no C - suite experience at any
companycompany.