Comment on unnecessary expense
dragontamer@lemmy.world 1 day agoThe board of directors is doing so. And they do so because the board follows the will of the shareholders. And the shareholders ultimately decide the fate of companies.
But that won’t fit in a simple meme will it?
PyroNeurosis@lemmy.blahaj.zone 1 day ago
The goal of the shareholders is to pay huge sums to the C-suite? That seems at odds with maximizing dividends for themselves.
dragontamer@lemmy.world 1 day ago
Because today’s hero worship culture makes the mass of shareholders believe that these CEOs have skills that cannot be replicated by cheaper labor.