Trust me, I understand why they are compensated so highly, because it's a free market. I also understand that really, the boards are to blame. But there are str

Trust me, I understand why they are compensated so highly, because it's a free market. I also understand that really, the boards are to blame. But there are structural issues that protect the CEOs from a more efficient market. Shareholder voting and board lock-in are real governance issues that make it harder to fire underperforming CEOs.