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silisili | 7 days ago
This will never change until CEO pay is tied to long term performance. Why not make it 5 year lagging?
The whole problem is that CEOs have zero incentive to care about the longevity of the company. They want share price to go up now, make their money, then cash out.
It's easy to blame the CEOs, but they're just doing what's smart for them. We need to change the definition of what that is.
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