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Brown Cafe UPS Forum
UPS Partners
The Partnership??
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<blockquote data-quote="SignificantOwner" data-source="post: 1320559" data-attributes="member: 22836"><p>1 - There's no may about it. You don't get a higher dividend for an A share than for a B share nor do you share more in the profit. Control is good for select executives because they have high ownership levels, control, and limited accountability (for example heads don't roll for costly failed acquisitions followed by disastrous peaks, etc.).</p><p></p><p>2 - Dual structure has not been good for lower level employees. MIP has not been based on profit, and the small numbers of awarded shares are not even issued immediately like they used to be. Employee ownership levels are probably at an all time low (conjecture) but employees are convinced that the A shares get them something. It boggles the mind.</p></blockquote><p></p>
[QUOTE="SignificantOwner, post: 1320559, member: 22836"] 1 - There's no may about it. You don't get a higher dividend for an A share than for a B share nor do you share more in the profit. Control is good for select executives because they have high ownership levels, control, and limited accountability (for example heads don't roll for costly failed acquisitions followed by disastrous peaks, etc.). 2 - Dual structure has not been good for lower level employees. MIP has not been based on profit, and the small numbers of awarded shares are not even issued immediately like they used to be. Employee ownership levels are probably at an all time low (conjecture) but employees are convinced that the A shares get them something. It boggles the mind. [/QUOTE]
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