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Goldman Sachs’ stock-based pay ratio still much higher than rivals’

“As the biggest individual holder of Goldman shares, Blankfein arguably has more at stake in the transition than anyone else” reports businessinsider.com. If the high burn rate persists, Goldman stock could become less attractive to investors relative to its peers while potentially weighing on its operating performance.Goldman also has been aggressively buying back stock, which elevates the burn rate.Big investors take notice of a burn rate because it measures how much value a company transfers to executives, said John Roe, head of ISS’s data arm.Looking ahead, Goldman is moving into businesses like digital banking to offset declines in bond trading, its one-time profit engine.
 
Source: businessinsider.com



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