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CEOs play important roles, but I agree they are very much overpaid. It's inefficiency in the specialized labor market being exploited by a small group of peopl
by pcurve 6y ago
CEOs play important roles, but I agree they are very much overpaid. It's inefficiency in the specialized labor market being exploited by a small group of people. Equity based compensation is a big factor. They shouldn't be rewarded for riding the sector-specific or broader market rally.
I feel there are ways to be more targeted in calculating contributions. I also feel the hiring process for CEO and executives are inefficient.