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Executive pay hasn't been shown to correlate strongly with performance, and the board members and CEOs tend to have somewhat incestuous relationships.
by learc83 8y ago
Executive pay hasn't been shown to correlate strongly with performance, and the board members and CEOs tend to have somewhat incestuous relationships.
- chillacy 8y agoI guess that would be a problem if board members were willing to take a hit on profitability to load up their pal. Maybe shareholders don't notice, or while the market is doing well they don't question it.