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Actually, paying them in stock options is one of the problems that led to the whole Enron fiasco. It gives them the incentive to do things to falsely inflate the price of the stock, then dump it just before they are found out. They make billions, and the rest of the country is left holding an empty sack.
This may be a throw back to Ed Booz who was one of the original management consultants. After completing his research on Montgomery Ward, he presented his findings to the CEO with a simple four word statement: The problem is you
He and his company were fired from the project. His company now considers this a point of pride in their history and brag about it since many other CEOs immediately hired the firm with the proven record for honesty.