Expecting to get dramatic growth, or value, out of a system so narrowly focused is expecting the impossible.

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In theory, if executive pay rose too high because it was set in a market dominated by cronyism (ie, a board of directors who are chums of the boss, who appointed them), then shouldn't a move to a system in which the board actually tries to get value for the shareholders' money result in lower pay?

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It's called a value system and because of that, we get more and more small- to medium-sized companies to support us in China.

CNN: Jack Ma Talkasia Transcript