Well if you have absolutely no stake then you're just playing with other people's money. If your entire stake is tied to the stock price then that's also bad fo

Well if you have absolutely no stake then you're just playing with other people's money. If your entire stake is tied to the stock price then that's also bad for the known reasons. In a somewhat better governance model I would expect "the board" to reward / punish the CEO financially based on tangible growth metrics. This is how my current CEO gets paid at $dayjob.