NLXSK1
Well-Known Member
You are incorrect. The current way is totally accountable. The board votes on the pay structure and tenure of the CEO. The stock holders either invest or withdraw their funds depending upon company performance. If the CEO causes the company to lose money it is likely he gets replaced...in an open, transparent and accountable manner, which is certainly not the case now.
The people who's money it actually is are the investors and they are the ones that have to give up a cut of their profit to pay the CEO.
Anyone working for the company VOLUNTARILY joined employment and has no right to claim as much as a penny above the agreed upon pay structure.