Forum Archive Index - October 2000

[Veritas <veritas@i4free.co.nz>]

Wrightsons report was one that also grabbed my attention, but I was quite 
disappointed to see the emphasis on "providing customer solutions" - which 
expression was peppered through the Chief Executive's report - but virtually no 
specifics as to how shareholder value was going to be restored and when the 
long-suffering owners could expect to receive a decent return on their 
investment. It is staggering how a company of such relatively small size is 
employing so many people on salaries of excess of $100,000. I'm afraid that too 
many N.Z. companies seem to see themselves as existing primarily to fill the 
pockets of management and directors. I would sooner see less glossy pictures 
and more emphasis on maximising shareholder wealth.

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