Most CEOS are merely managers that are partners with the their BOD buds who are of the same ilk. They are voted in only because they get the default vote, instead of absolute vote of owners.
They typically get more and the shareholder owners get less. Many of the corporate owners are now non-USA foreigners who oddly get a vote of influence in our elections.
The CEOs are not risk takers. They get paid many millions mostly for screwing up and bankrupting companies instead of managing them for the benefit of the owners. The owners are just as likely Chinese Commies as Americans.
Need I say Carly Fiorina is an example of the corporate whxxx who play the BODs as a fine violin at ATT and LU and HWP and always come out with millions more while owners come out with millions less.
USA corporate governance needs changed so that shareholder owners have the ultimate clout, and not the BOD or CEOs. USA owned corporations should be permitted to influence our elections, and others are not.
Since shareholders do not bother to vote out these boards they obviously don’t care and don’t feel aggrieved. Why should you?
Of course, there are shareholders who are foreign just as many Americans hold shares in foreign companies. So what?
“The owners are just as likely Chinese Commies as Americans.”
What is this intended to mean? It is totally false.