This might just be a whoosh moment for me, but what's the actual societal damage here? My takeaway from the article was that CEOs try to optimize their personal payouts but there was little that seemed to imply this is a serious problem versus an interesting but already accounted for part of how these companies operate.
It's stealing from investors and employees. Investors in an abstract, probabilistic way and employees in a very concrete, immediate, and dramatic way. "Interesting but already accounted for" doesn't make it right in the same way that an insurance policy covering auto theft doesn't make auto theft right.
