Pershing Square
alignment skin in the game conflict top line percent of sales bottom line some believe this conflict is mitigated by owning and operating units however many of the most successful operate few if any units historical subway current skin in the game is overstated due to lack of transfer pricing we believe represents of total value role as landlord shareholder and board member leaves them with ample skin in the game | Pershing Square
Company
Deck Type
Deck date
November 2016
Slide
46 of 79
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