“The fools arent driving the ship, the ships driving them.”
Nonsense.
Have a look at the list of companies I listed earlier; they are successful businesses today because of the way they have been managed and the prudent manner in which shareholder capital has been stewarded.
“if you have the time a lot of research into ceo productivity, wages and the market ..”
Again, CEO productivity and the remuneration in relation to that productivity, perceived or otherwise, is for the account of the holders of the equity the business.
Take the trivial case of a successful sole proprietor who pays himself a huge salary. Presumably you don’t begrudge him that wealth, given he would have earned it through aptitude and hard work.
Next take an astute entrepreneur who goes into business with his mate, but he is the brains trust and brings in all the business while the mate performs mere back-office roles. Presumably if his mate says he can have a big fat juicy salary that is multiples of theirs, then that is perfectly in order too.
What if we are talking about a small, private business with four or five partners and they appoint a CEO who they think is excellent and so they pay him a million dollars a year?
I think you can see where I’m going with this: what managers of businesses earn is a matter for the owners of those businesses.
Not sure on what basis you seek to intervene in that personal arrangement.
.
- Forums
- Political Debate
- Who wants to be a CEO?
“The fools arent driving the ship, the ships driving them.”...
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online