2 ms·
The CEO is one of the employees of the company, so the two are not exclusive. The answer is that all the employees contribute, but in varying degrees. The con
by pg 16y ago
The CEO is one of the employees of the company, so the two are not exclusive. The answer is that all the employees contribute, but in varying degrees. The contribution of a good CEO is usually the largest of all the employees, which is one of the reasons even clearly non-captive boards are willing to pay them so much.
- locopati 16y agoI'm not arguing that they don't have a great deal of power and control over the direction and focus of the company. However, it does seem, especially these days, that their pay is not actually connected to their actions, as we see CEO after CEO destroy value while collected big rewards.
- pg 16y agoThis seems like a completely different point from your previous comment. The answer is that CEOs can be good or bad just like other types of employees, but (just like other employees) you have to pay market rate to hire one, even if they turn out to be bad.