4 ms·

Fixing Executive Compensation

• biohacker42 18y ago
  The idea to pay CEOs in cash is a good one and it would make big difference, but for obvious reasons it will never happen. Because every decent CEO can get a much, much better deal, no sane/good CEO will agree to a worse deal for no reason. OK, a very few might, those would be the exceptions that confirm the rule. But I seriously doubt that even a single major company will ever announce a CEO deal like that.
  • akkartik 18y ago
    in other words: http://en.wikipedia.org/wiki/Prisoner%27s_dilemma http://en.wikipedia.org/wiki/Prisoner%27s_dilemma But Cuban wants this legislated.
• brc 18y ago
  In companies I have worked in that 'cleaned house' during lean times, it was usually a reason to get rid of the dead wood in the organization. People hired for projects that were cancelled, non-performers and other non-productive staff. It's always been my hypothesis that companies use bad times to jettison staff because doing so in good times attracts bad press.