What makes executive compensation excessive? Clue: it’s often not the headline number. A bigger factor in deciding what investors should deem egregious is how easy, or hard, the award is to attain. After Tesla’s third-quarter earnings, boss Elon Musk — the potential winner of a $1tn prize that comes with considerable strings — looks like a good study.
什么样才算过高的高管薪酬？提示：往往不是那个最显眼的总数。对投资者而言，更关键的评判标准是奖励的达成难度。特斯拉(Tesla)第三季度财报公布后，掌门人埃隆•马斯克(Elon Musk)——这位的“1万亿美元”大奖的潜在赢家，但附带诸多限制条件——成了一个值得研究的案例。
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