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Just giving them stock or options doesn't really change things. Stock that vested over a 20 year period might be an incentive to look further down the line, but remember "look out for yourself first" and "be loyal to yourself not the company because the company isn't loyal to you?" All of that applies to CEOs as well.

Was thinking similarly. It feels like the issue is still more 'control'. While CEOs ostensibly have a lot of control, not all do (or feel they do), and perhaps not all actually want it. If you had control enough to feel like you were pretty sure you weren't going to be ousted next quarter for a down quarter or even a down year, you'd be more inclined to make strategic decisions that might be hard to make, but necessary for growth.

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