Personally, I would like to see C-Level executives financially responsible for their decisions. Instead of firing a percentage of his staff, he should be sent a bill. With great reward should come great risk; at least thats how it works for the rest of us.
Is that true? If you make your SF salary of >$200k and manage to down production, are you sent a bill for lost revenue?
I don't think so. In fact, since CEOs are (usually) mostly compensated in stock and their job is to create shareholder value, their income is likely far more related to their performance than for your average engineer.
If you cost the company enough money, you will be let go. It is true that you probably will not be sent a bill (although that can happen depending on the circumstances).
The C-Level executive suite, however, will see no repercussions, even though, in reality they are ultimately responsible for overseeing the hiring, training and compliance processes. Even when there are shareholders and a board of directors to answer to (which isn't always) consequences are rarely seen.
In fact, I don't see how they could ever truly be held responsible for anything that goes wrong with the company, but they sure do win (with bonuses and related comp) when things go well while employees usually do not.
