"The judge will order what he thinks he has to pay in order to get competent management. "
A judges job is never to make personnel decisions, such that he does not have the ability to "get" any exec.
In the case of a bankruptcy judge, it's a little different. Under the Bankrupcy Code, bankruptcy judges are responsible for making decisions as to how much execs get paid in a bankruptcy. They like to think of themselves as judges, but the decisions they make are often very much like business decisions.