All you have to do almost any time you want to find out what management is going to do is to find out how they are incentivized. It is a built in conflict of interest that almost nobody can resist. Honor is flushed down the drain. Money and power rule. There is no shame.
Compensation committees almost always thing the executives are underpaid and every 10K says how critical the current exec is to the success of the company. They might try running the company a day or so without employees and see how that works for them. There are those who would call is socialist, so be it, but no exec deserves or earns astronomical multiples of what the shop floor earns. Both are vital.
But yes, follow the money.
Getting rid of interlocking directorates would be a good start.