8 ms·

What evidence do you have that the CEO doesn't bring that much in value to Walmart?

• behringer 7y ago
  "Bad managers cost just as much as good managers." https://investorplace.com/2018/07/are-ceos-really-worth-what-theyre-paid/ https://investorplace.com/2018/07/are-ceos-really-worth-what... See also: https://www.wsj.com/articles/big-companies-pay-ceos-for-good-performanceand-bad-11558085402 https://www.wsj.com/articles/big-companies-pay-ceos-for-good... https://www.forbes.com/sites/susanadams/2014/06/16/the-highest-paid-ceos-are-the-worst-performers-new-study-says/#6045b5607e32 https://www.forbes.com/sites/susanadams/2014/06/16/the-highe...
  • pequalsnp 7y ago
    I CTRL+F'd for Walmart in each article but didn't find anything. I thought that was the topic of discussion?
    • behringer 7y ago
      You're mistaken
  • tryptophan 7y ago
    These articles present an incredibly naive analysis of the situation. The logic is "high pay should equal high stock performance" but this fails to recognize that in an effecient market the ability and salary of the ceo would already be priced into the stock, and thus would have "no effect" on its performance. You can't prove that the stock would've done less-worse if a different (lower paid) ceo was there, which is essentially what these articles try and argue.