> What if executives could only sell their shares five years after they acquired them? This is something like what Salomon Brothers did. Results were mixed. T

> What if executives could only sell their shares five years after they acquired them? This is something like what Salomon Brothers did. Results were mixed. That said, I like the idea of spreading them out a bit. CEOs and top execs do behave a lot like how agency theory predicts, it's just that if you can come up with the perfect monitoring scheme, you don't need a CEO.