One of the things I said with this quarter's rankings was that I need to do a better job understanding the board of directors of each of the companies in the auto retail stocks index.
So this morning I have compiled some data about the respective boards.
My general conclusions are as follows:
More absolute dollars spent on board members, fewer dollars spent per hour. Contrary to most articles you read. I don't think the board of directors receive enough compensation. Having said that, I also think they need to put in more hours. The board of directors has THE GREATEST IMPACT on a shareholders worth. They select management. And they ultimately determine (approve) the course of direction f
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1 - LAD