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by nitwit005
1038 days ago
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There's just no coherent proposal to fix it. Even the shareholders of some of these firms think the executives are robbing them with the compensation they've set (see ongoing Tesla lawsuits, for example). But, they can't come up with a clear rule for what "appropriate" pay is. I suspect we'll hit a point where the pay is so excessive that it's worth buying companies purely to cut the pay of management, as it'll be the easiest way to improve profitability. |
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