"CEOs today are a marketable commodity, and they are compensated, sometimes extraordinarily well, on how creatively they drive the stock price. Like talented jockeys, they’re paid to ride well and cross the finish-line ahead of the pack." I hate the concept of shareholder value above all and the short-termism of the market. But I love the metaphor, Jim. It's "sticky". I guess it could be extended to the owners of the horse and other companies in their stable.
"CEOs today are a marketable commodity, and they are compensated, sometimes extraordinarily well, on how creatively they drive the stock price. Like talented jockeys, they’re paid to ride well and cross the finish-line ahead of the pack." I hate the concept of shareholder value above all and the short-termism of the market. But I love the metaphor, Jim. It's "sticky". I guess it could be extended to the owners of the horse and other companies in their stable.