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by andsoitis 1113 days ago
What makes it "incestuous"?
1 comments
ceejayoz 1113 days ago
A bunch of CEOs sitting on each others' boards have little reason to constrain the growth of CEO compensation, and every reason to give each other golden parachutes.
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andsoitis 1112 days ago
How do you then explain cases where shareholders do not approve executive compensation? For instance: https://time.com/6184355/ceo-pay-investors-workers/
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ceejayoz 1112 days ago
Given the title of "Investors Are Finally Pushing Back", the explanation is presumably "people are getting fed up with boards doing this".
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