[behringer]

The CEO of walmart most certainly isn't worth 22 million/year. If you can't bring in 21/hour as a cab driver you probably shouldn't be driving cab, especially considering you should be pulling in, what, well over 100/hr gross?

[pequalsnp]

What evidence do you have that the CEO doesn't bring that much in value to Walmart?

[behringer]

"Bad managers cost just as much as good managers."

https://investorplace.com/2018/07/are-ceos-really-worth-what...

See also: https://www.wsj.com/articles/big-companies-pay-ceos-for-good...

https://www.forbes.com/sites/susanadams/2014/06/16/the-highe...

[tryptophan]

These articles present an incredibly naive analysis of the situation. The logic is "high pay should equal high stock performance" but this fails to recognize that in an effecient market the ability and salary of the ceo would already be priced into the stock, and thus would have "no effect" on its performance. You can't prove that the stock would've done less-worse if a different (lower paid) ceo was there, which is essentially what these articles try and argue.

[pequalsnp]

I CTRL+F'd for Walmart in each article but didn't find anything. I thought that was the topic of discussion?

[behringer]

You're mistaken