CEOs need to be compensated on business metrics - not all financial. The metrics should account for short- and long-term growth, employee retention, public relations, etc. If you tank the company, you walk away with nothing.
This is already happening more and more, where an increasing percentage of executive compensation is based on employee satisfaction, diversity measures, community relations, environmental accolades, etc. And guess what? These are all a LOT easier to game than stock prices, profits, market share, and other traditional financial measures. CEOs are loving this change.
listenallyall|3 years ago