Re:Ending the cult of the CEO
by jgamman on Monday April 24, 2017 @07:36PM
(#14189450)
Selectorate theory (the rules for rulers) would imply the second type of CEO (hired) is there to distribute treasure to the major stakeholders and not primarily to grow/invest in the business aka financial strip mining.
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Re:Ending the cult of the CEO
by JumpCrisscross on Monday April 24, 2017 @08:13PM
(#14189679)
You're ignoring that the treasure is dynamic. If I can have 50% of $1 today or 20% of $10 tomorrow, a leader who can produce the second outcome is preferable to one who'll simply distribute à la the first.