To: parsifal
A good CEO makes more money for shareholders (the owners, and actually the only ones who should have anything to do with this issue) than any Union Rat will ever make the company...
215 posted on
01/28/2002 4:14:01 PM PST by
cactmh
To: cactmh
That's like saying quarterbacks and running backs score more touchdowns than the offensive line. It's true, but if you think about it, it takes both to paly the game. And check the wage differentials sometimes between tackle and QB. ---A CEO should be paid more than Joe Blue Collar. But 1,000 times???? Sorry. Don't go for that. parsy.
To: cactmh
A good CEO makes more money for shareholders (the owners, and actually the only ones who should have anything to do with this issue) than any Union Rat will ever make the company... This is a very narrow minded view, CEO's actually in my experience do not do extremely great things for a company, but are more of an administrative neccessity. The BUCK has to stop somewhere... most do not CREATE the visions their companies will follow, (Especially in LARGE corporations.) Those visions are developed by others beneath them, and he gives the final yay or nay, and then chearleads them.
Now don't get me wrong there are some great CEO's out there, but often times the CEO is not the guy driving the plays or running the ship. As to shareholder value, this is actually done my adding value, and production adds value to a company...
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