Executive pay hasn't been shown to correlate strongly with performance, and the ... | Hacker News

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sarchertech on April 12, 2019 | parent | context | favorite | on: Great developers are raised, not hired

Executive pay hasn't been shown to correlate strongly with performance, and the board members and CEOs tend to have somewhat incestuous relationships.

chillacy on April 13, 2019 [–]

I guess that would be a problem if board members were willing to take a hit on profitability to load up their pal. Maybe shareholders don't notice, or while the market is doing well they don't question it.

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