> upper management is usually compensated on performance -but- they are compensated on the performance of their company No? Thats one of the problems. Over the

> upper management is usually compensated on performance -but- they are compensated on the performance of their company No? Thats one of the problems. Over the larger industry pool, and controlling for volatility, executive pay doesnt actually reflect company performance. Theyre closer fund managers hyping beta and past hits, but underperforming the averages.