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How much does a company's success depend on its CEO? Many corporate consultants claim that CEOs are extremely important and deserve great financial compensation. However, consultants who win big pay packages for their CEO clients are often rewarded with further, lucrative consulting contracts. Several independent experts who have statistically analyzed corporate performance have concluded that individual CEOs usually have a minor impact. A number of scholars argue that most corporate employees feel more allegiance to small groups of co-workers than to their corporation as a whole, so the CEO's power to affect morale and performance, while strong within the immediate team of top executives, rapidly diminishes beyond that team. This would suggest that most power to influence corporate performance resides with middle managers, who interact directly with a greater number of employees. However, if middle managers see CEOs receiving disproportionate rewards, their loyalty to the corporation may be strained. Thus, reducing CEOs' compensation could actually improve corporate performance. Some business analysts note that in competitive high-tech industries where choices about which new products to develop are crucial and difficult, CEOs impact performance more strongly, since they are responsible for these choices. However, this does not imply that most CEOs in these industries deserve vast compensation, for their choices yield disastrous consequences at least as often as they do positive ones. : Reading Comprehension (RC)