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The question is, does that pay mechanism actually result in tying compensation to the long term performance of the company? Will Boeing's executives come out a
by rectang 7y ago
The question is, does that pay mechanism actually result in tying compensation to the long term performance of the company? Will Boeing's executives come out ahead even after all the destruction they've caused?
If so, we still have moral hazard: executives are incentivized to chase short-term gains at the expense of long term company health.