Incentives and punishments only matter for little people. With the rich and powerful, of course they'll do a good job because they simply like doing a good job.

Incentives and punishments only matter for little people. With the rich and powerful, of course they'll do a good job because they simply like doing a good job. ... is apparently the argument. I mean, see also: drug tests for the minimum wage workers, but the CEO? Of course not. Mere employees better not be moonlighting or doing anything else, but the CEO? On two other boards, "advising" a startup on the side, working on another part-time (also as CEO—their "executive assistant" at their 20-person startup actually runs the company)