It’s all relative innit

Niklas Steffens and University of Queensland colleagues studied cases of very high paid CEOs to find that the money can “undermine shared identity between leaders and followers and therefore be counterproductive.

“People identify less strongly with a CEO who receives high pay relative to other CEOs and that this reduces that leader’s perceived identity leadership and charisma,” they argue in new research. As Australian VCs may well attest, it depends how you define “high”.


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