We're out of step with the conventions of the world. That's the opportunity cost for the company. I think you'll see a lot of repricing going on. I doubt companies will choose to bankrupt their managers. Giving options changes the value of the property.
Options reduce the value of a company as soon as they're issued.
We've done very well without consultants. It's maddening when CEOs show up with lawyers and 20 page contracts. People look around and see what others are doing and do the same. It's escalating and won't stop. It doesn't seem to bother shareholders.