Boardroom Conflicts
CEOs often charm their boards, leading to inflated compensation packages that don't reflect the contributions of the broader workforce. This creates a troubling dynamic where board members, seen as sycophants, fail to hold executives accountable. A recent court ruling highlights the deep conflicts of interest within boards, questioning the rationale behind exorbitant pay demands amidst questionable governance practices.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Prof G Markets: Paramount’s Suitors, Nepo Babies on the LVMH Board, and Elon’s Voided Pay Plan
Related Questions
Why hasn't there been a formula developed to spread CEO compensation in a more considerate manner, taking into account the hundreds and thousands of employees who actually do the work? Is there any movement or script aimed at changing the system?
Why hasn't there been a formula developed to spread CEO compensation in a more considerate manner, taking into account the hundreds and thousands of employees who actually do the work, as discussed in the episode Ep48 “Are CEOs Underpaid?” with Dirk Jenter and the clip CEO Pay Insights? Is there any movement or script aimed at changing the system?