Re:America's Startup Scene Is Looking Anemic
by Analemma_ on Thursday June 07, 2018 @11:09AM
(#17256412)
Who is on the board? Boards are mostly made up of CEOs of other companies. Agreeing to excessive compensation is a "you scratch my back, I'll scratch yours" situation.
Re:America's Startup Scene Is Looking Anemic
by jimbofisher1 on Thursday June 07, 2018 @11:12AM
(#17256448)
Because they are also CEOs at large companies and also want bloated salaries so they approve them for their counterparts.
Re:America's Startup Scene Is Looking Anemic
by typon on Thursday June 07, 2018 @01:55PM
(#17258390)
Because the average shareholder has negligible say in the operations of the company or who makes up the board.
Re:America's Startup Scene Is Looking Anemic
by organsnyder on Thursday June 07, 2018 @10:59AM
(#17256312)
Groupthink.
EDIT: So collusion amongst CEOs explains why boards agree to it. Why do shareholders?