Everyone's pay is to keep them, isn't it? Nobody is loyal beyond being paid.
Do CEO's really provide so much 'extra' benefit to justify the premium? Is their loyalty in particular worth paying so much for?
I'm just not seeing how 'ransom' is needed. Isn't growing a healthy business supposed to be the goal for CEO and Board? And if employee owned, it is same.
The only reason to pay the extra 'ransom' to be loyal to shareholders, is when they want the CEO to do things that are 'not' for the benefit of the company, but only to benefit shareholders, who can sell and exit.
I think the question is who is the business healthy for, and who is the c-suite and up loyal to?
It is possible, and even likely, that a healthy business differs in some material ways for a CEO+board than its employees, though I also expect there are also overlaps
Everyone's pay is to keep them, isn't it? Nobody is loyal beyond being paid.
Do CEO's really provide so much 'extra' benefit to justify the premium? Is their loyalty in particular worth paying so much for?
I'm just not seeing how 'ransom' is needed. Isn't growing a healthy business supposed to be the goal for CEO and Board? And if employee owned, it is same.
The only reason to pay the extra 'ransom' to be loyal to shareholders, is when they want the CEO to do things that are 'not' for the benefit of the company, but only to benefit shareholders, who can sell and exit.