cross-posted from: https://lemmy.zip/post/54102494

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[–] 9 points 8 months ago (1 child)
  • [–] 1 point 8 months ago (1 child)

    I honestly don't understand why "shareholder value" has not already demanded something like this, given how formulaic most "leadership" actually is.

    I think I know the reason, and the entire narrative is mostly bullshit, and instead the wealth that companies generate is set up to be extracted by a very, very few and they sit on each others' boards and set up their own compensation, etc...

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  • [–] 1 point 8 months ago

    Well the CEO is typically also a large shareholder. They are compensated with shares in addition to salaries. The idea is that they will ensure shareholder value because it also increases their pay.

    Not saying I like it, just explaining why they hurt CEOs

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