alt Hacker NewsA CEO is an employee just like any other and reports to the shareholders.
It's just that they're typically also a shareholder.
Replies
BigTTYGothGF • yesterday at 5:13 PM
> just like any other
I don't think this is true in any meaningful sense.
A CEO is an employee just like any other and reports to the shareholders.
It's just that they're typically also a shareholder.
> just like any other
I don't think this is true in any meaningful sense.
I don’t think this is about jobs. I think this is about information, power, and access to power.
The way a company with a bad C-suite gets fixed is by being competed out of existence. The way workers with bad bosses can fix that is imo limited, mostly to “find another job”.
I’m curious if anyone has ever heard of “complain to the board during the CEO’s renewal phase” being successful. It didn’t happen at places I know about.