More than my job’s worth

What does it take to get corporate bosses to do the best job possible? For Margaret Ewing, former finance director at BAA, high pay is one answer. She told the Financial Times that quoted companies are at a disadvantage to private equity because they cannot pay «sensibly» for taking strategic risks. The kings of private equity, not to mention the emperors of the hedge fund world, certainly make a lot more money than the captains of publicly-traded industry. Josef Ackermann, head of Deutsch Bank...