Old habits die hard, and you die soon enough!

Has the academic institution been a lopsided educational establishment been exposed?  The plethora of internet know-hows and knowledge far exceeds the performance of academic knowledge and studies, in terms of speed, connection, most notably in derivative trading.

By the time the academics have time to establish views or write a book, the statistics is already all over the internet.  People already know, in fact, people have been able to establish facts so fast, what is published in book form or from the academics is deemed passe or lacking in depth.

So what makes accounting corporate governance a relevant benchmark to gauge a company's performance then?  Are shareholders taken for a ride in the word of corporate accounting?  We all know what is presented at AGM is yesteryear's books, who gives a shit???  People sitting at the AGM already have a feel of the market now!

Likewise, should CEO be paid on their pass performance in full base on yesteryear's books, when shareholders know that this year they are gona quite because its gona be a bad year?

Isn't about time to change the concept of recording old news and make use of now information to renumerate management and workers?  What happen to people? Why are they so reluctant to change?