> Do you think the CEO of GE is really more afraid of the shareholders than the mayor of some city in Kansas? But CEOs are motivated to perform because their o

> Do you think the CEO of GE is really more afraid of the shareholders than the mayor of some city in Kansas? But CEOs are motivated to perform because their options will be worth more, and they might have vested shares that will disappear if the board fires them. What motivation does a mayor have? You'd think being president of the US came with a end of term bonus to incentivize good performance. How much would that really cost? Say the payout is $100million * national approval percentage. That'd be enough to motivate most everyone who isn't a billionaire.