Originally Posted by fjtorres
keep the staff, fire the owners.
Is B&N in the S&P500? If so, I think that would include me
I guess you really mean that the Board of Directors should fire the CEO, and people right under him or her. This of course happens a lot. They can always find an impressive-seeming replacement CEO, given the salaries. But how different is this from the sports scenario? Here's a Harvard Business School paper
saying the the Board of Directors are often giving in to stockholder pressure when they pull the plug on the CEO. It sounds a lot like the revolving door sports coach situation.