Title |
Speeches 1980-89 |
Creator |
Littlefield, Edmund |
Description |
This collection contains a copy of speeches given by E.W. Littlefield from 1952-1997. Of interest is a report on Utahs Mining in Russia and a photograph with accompanying text about the company owned ranches in Montello, NV. |
Subject |
Littlefield, Edmund W. (Edmund Wattis), 1914-2001; Speeches; Correspondence; Stanford University; San Francisco (Calif.); Utah International Inc.; General Electric Corporation |
Digital Publisher |
Stewart Library, Weber State University, Ogden, Utah, USA |
Date Original |
1980; 1981; 1982; 1983; 1984; 1985; 1986; 1987; 1988; 1989 |
Date |
1980; 1981; 1982; 1983; 1984; 1985; 1986; 1987; 1988; 1989 |
Date Digital |
2010 |
Temporal Coverage |
1952; 1953; 1954; 1955; 1956; 1957; 1958; 1959; 1960; 1961; 1962; 1963; 1964; 1965; 1966; 1967; 1968; 1969; 1970; 1971; 1972; 1973; 1974; 1975; 1976; 1977; 1978; 1979; 1980; 1981; 1982; 1983; 1984; 1985; 1986; 1987; 1988; 1989; 1990; 1991; 1992; 1993; 1994; 1995; 1996; 1997 |
Item Size |
8.5 inch x 11 inch |
Medium |
speeches |
Item Description |
26 speeches, totaling 266 pages of typed text |
Type |
Text |
Conversion Specifications |
Archived TIFF images were scanned with an Epson Expression 10000XL scanner. JPG and PDF files were then created for general use. |
Language |
eng |
Relation |
https://archivesspace.weber.edu/repositories/3/resources/290 |
Rights |
Materials may be used for non-profit and educational purposes; please credit Special Collections Department, Stewart Library, Weber State University. |
Sponsorship/Funding |
Funded through the generous support of the Edmund W. and Jeannik M. Littlefield Foundation. |
Source |
MS 155 Box 1-5 Weber State University Special Collections |
Format |
application/pdf |
ARK |
ark:/87278/s6f92p5p |
Setname |
wsu_ucc_ed |
ID |
39324 |
Reference URL |
https://digital.weber.edu/ark:/87278/s6f92p5p |
Title |
152_11 April 1981 Del Monte Conference - 053 |
Creator |
Littlefield, Edmund |
Description |
This collection contains a copy of speeches given by E.W. Littlefield from 1952-1997. Of interest is a report on Utahs Mining in Russia and a photograph with accompanying text about the company owned ranches in Montello, NV. |
Subject |
Littlefield, Edmund W. (Edmund Wattis), 1914-2001; Speeches; Correspondence; Stanford University; San Francisco (Calif.); Utah International Inc.; General Electric Corporation |
Date Original |
1980; 1981; 1982; 1983; 1984; 1985; 1986; 1987; 1988; 1989 |
Date |
1980; 1981; 1982; 1983; 1984; 1985; 1986; 1987; 1988; 1989 |
Date Digital |
2010 |
Type |
Text |
Language |
eng |
Rights |
Materials may be used for non-profit and educational purposes; please credit Special Collections Department, Stewart Library, Weber State University. |
Source |
MS 155 Box 1-5 Weber State University Special Collections |
OCR Text |
Show 4. However, the company should dismiss as incapable any chief executive officer who doesn't cause the Compensation Committee to have a membership of sympathetic souls with whom he can work harmoniously. None of our deviations from the whole truth were serious so long as the relationship between executive compensation and results to shareholders corresponded reasonably closely over time. In a going concern the shareholder benefits only from dividends and appreciation in the value of his shares. Most of the older plans were consistent with this - stock options and SAR's, restricted stock, phantom stock. Even incentive plans related to earnings performance, provided these had the added safeguard of great discretion by the Compensation Committee, were satisfactory in the days before chronic high-level inflation because there was then a close correlation between earnings performance, dividends, and share prices. However, that's not so true now. Earnings are reported in dollars but the dollar is no longer a constant unit of value and many increases in reported earnings are the result of inflation and not managerial skill. The stock market is not all dumb and it recognized this by deflating price/earnings ratios. This put most stock option plans under water. To provide an escape we invented the "performance plan," a truly dangerous device that divorces share prices from management incentive plans and formalizes a scheme to pay executives more even if the shareholder gets less. More recently the raw concept of the performance plan has been papered over with band aids to try to lessen this danger but the stark fact remains that the primary purpose of a "performance plan" is to divorce executive compensation |
Format |
application/pdf |
Setname |
wsu_ucc_ed |
ID |
41809 |
Reference URL |
https://digital.weber.edu/ark:/87278/s6f92p5p/41809 |