In article ,
 Josh Hill  wrote:


> 
> What does executive compensation have to do with the market?
     It is a market. People get hired or not hired all the time. The go 
from one place to another for better pay, etc.  Now whether it is a real 
efficient market (as you allude to below) is up for rather serious 
debate. 

> Executives in any business, having achieve their positions, can simply
> award themselves pay raises. Or hire one another to sit on one
> another's boards to give one another pay raises. Or hire "compensation
> consultants," as if any "compensation consultant" ever
got work if he
> didn't recommend hefty pay increases for executives.
--- SBBSecho 2.12-Win32