Quote:
Originally Posted by Daniel_
The simple answer is that executives vote to award executives pay.
It's abuse of power, and if I was in their shoes, I probably wouldn't change a bloody thing.
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You are bang on - executive compensation boards are made up of executives.
I think simply tying compensation to performance (and performance on a variety of levels including that of stock, overall value of a corporation and profitability) addresses a myriad of issues.