[GrahamL]

I think the market decides what ball chasers and actors are worth
ask Mel gibson and Mr Woods if there earnings have taken a hit through poor performance .

I don't have a problem with execs renumeration as such
or the notion that the setting of performance targets should
be coupled to bonuses, but if they arn't met , and they are still granted?

The idea at face value that other partners in the buisness should have some input into the exersise isn't a bad one imo .