6 Comments

User's avatar
Apis Dea's avatar

Historically, they put profit first.

Expand full comment
Jurgen Appelo's avatar

The problem of course is that outcomes always partly depend on the environment, which means you never have full control over the outcomes. If the outcome is negative because of some black swan event, what will you do? Will pay the company back some of what you earned before?

This is of course the typical problem with "performance pay" of the executive team. When the outcomes are good, they "earned" their bonuses. When the outcomes are bad, it's somebody else's fault. Executives only win. They never lose.

Expand full comment
4 more comments...

No posts