But going against the BOD is not the best way
but the BOD might be appeace with better compensation
but if the increase drive sales down and cause the BOD to lose
money
the MD head will roll...
Company goverenance is not as clear cut but someone must do the
checks or MDs will want to always benefit and keep raising the
prices or do accounting fraud all the time to line their pockets. I
wonder if this guy did his market analysis carefully before he made
that decision cause there is always a ripple effect and that drives
price sensitive customers away. Increasing the price, but the
cinemas remain just as they had been: no better shows nowadays,
small leg space, no better service or sound systems, lousy seating
for the same price, lousy customers, no HP jamming, etc. Seriously,
I still don't see why I should pay more for the same service. He
might make cinema become a little less accessible to certain
segments of the market where actually they had all segments. Its
just as the MD realised that SG are very very easy to cream and
would pay up after all the complains (we just don't stand united or
take some united action other than write some letters). Just as the
interviews on TV where people would very unhappily agree to any
price hikes so as to "look" agreeable all the time.
I am practical. To me its just become more attractive to watch VCD,
engage in piracy than ever.