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Underwriters are paid a percentage of the funds they raise for clients, which is supposed to align their interests.
"A stock option is supposed to align the interests of employees and shareholders by putting them in the same boat," said Patrick McGurn, special counsel to the RiskMetrics Group, which acquired Institutional Shareholder Services in 2007.
Granting options is supposed to align the interests of executives and shareholders.
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These were supposed to align the interests of companies' managers with those of shareholders by concentrating managers' minds on profitability.
It was less enjoyable to work my way through the Purpose-Focused Financial Plan, in which I am supposed to align my "values" (some of Mr. Bach's suggestions: freedom, happiness, making a difference) with my financial goals.
Yet Serbian soldiers still train with both Russian and NATO troops (Serbia is in NATO's "partnership for peace", but is not a candidate for membership).Candidates to join the EU are supposed to align their foreign policy with it.
It is far too simple to conclude that executive compensation plans can serve as a road map to where corporate cheating might go on, but it is becoming distressingly clear that the pay-for-performance philosophy that was supposed to align executives' interests with shareholders' has been badly distorted.
But a great many took on excessive risk, driven by the option-based incentive schemes that were supposed to align their interest with those of shareholders.
Those endorsing expensing say stock options were supposed to align the interests of executives with those of shareholders but, instead, current accounting rules for options, which don't allow for expensing, have contributed to a string of corporate excesses that chased stocks to extravagant heights and hurt average investors in the process.
The tests, which were given in late April to students in grades third through eighth, were supposed to align with recently adopted Common Core Standards.
Note that all positions used in the transcript refer to the positions of the database string which is supposed to be correctly aligned.
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CEO of Professional Science Editing for Scientists @ prosciediting.com