A court nullifying Elon Musk's $56 billion compensation reignites governance concerns over top management's omnipotence, as boards and shareholders seemingly rubber-stamp decisions. CEOs wield significant power, influencing vital choices and governance structures, often with limited shareholder oversight. Shareholder discontent occasionally emerges, yet challenging entrenched leadership proves arduous. Guardrails against power abuses falter, leaving governance in limbo. Read The Rest at :
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