3 ms·

Market rate, as in what people are willing to pay to have a CEO

• JoeAltmaier 8y ago
  Or, what the executive suite pay one another in a mutual-check-writing club
  • Bjartr 8y ago
    The presence of perverse incentives don't make it a non-market.
• mcguire 8y ago
  If by "people", you mean other CEOs, then yes.
  • Bjartr 8y ago
    I mean the people paying for CEOs, whoever they are, are the ones with a willingness to pay some amount, and that amount is the upper limit for CEO payment.
    • JoeAltmaier 8y ago
      That's boards, which is other CEOs from other companies. The mutual-check-writing club.