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Politics : View from the Center and Left

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To: TimF who wrote (92590)10/30/2008 8:18:59 PM
From: Sam  Read Replies (1) of 541759
 
The answer is deceptively simple:You have to pay an executive more than he could make running his own private company.

Anyone capable of running a large corporation could also run his own business. Anyone capable of convincing a group of investors to let him run a publicly traded company could just as well convince a group of investors to fund a private venture.

Frankly, that's absurd. The skills needed to run a large company are different from the skills needed to found a company, and lead it through its initial growth stages.

So let them go begin "their own" company. If they can.
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