3 ms·
How about you fire them if they don't perform and only hire people who perform well. Even with this incentive most CEOs don't perform well and many gut their co
by derac 4y ago
How about you fire them if they don't perform and only hire people who perform well. Even with this incentive most CEOs don't perform well and many gut their companies to raise the stock price and leave.
- uoaei 4y agoThis is a really important point. Seems like the people who are justifying pay imbalances are doing so on the basis of conflating a company's value with its stock price. Ultimately the question comes down to your ethics around money, but it is interesting to get a peek behind the psychological veil. People who worship CEOs for being able to pull big buxxx do so because they assume that more money in existence is better, period, without thinking about where that money goes and what it funds.