Is it not possible that you need people of an exceptional caliber to be at the head of a large corporation. Here is one article that argues as such: https://hbr

Is it not possible that you need people of an exceptional caliber to be at the head of a large corporation. Here is one article that argues as such: https://hbr.org/2017/10/why-is-ceo-pay-rising-maybe-there-arent-enough-good-ceos https://hbr.org/2017/10/why-is-ceo-pay-rising-maybe-there-ar... Now is that problematic? It feels wrong they earn so much more than the average person. Notably, these people earn so much more; not because they are proportionally better. Instead, it is because people at their level are proportionally rarer (if we believe the article). The question I have regards the value they add. We need these rare people to head huge companies, but why do we get these huge companies? Is it because they are just better economically (economies of scale), or is there some other force biasing companies to be larger.