Corporations constantly decide what people deserve. They also have mechanisms for deciding if a high value deal is risky, unnecessary, or poor value for money.

Corporations constantly decide what people deserve. They also have mechanisms for deciding if a high value deal is risky, unnecessary, or poor value for money. Because those rules are flouted when hiring CEO's a huge amount of risk is created. That threat (of a bad CEO) is mitigated by trying to hire and retain "the best", and consequentially the most expensive. It all makes sense because they have you over a barrel. The problem is that companies are over reliant on a single leadership figure. This makes little sense in large companies with lots of complex divisions and interests. Does it really make sense to rely on a single person to guide the company?