The article looks at how the structure of a company's board and ownership affects how much the CEO gets paid. They found that these factors play a big role in determining CEO compensation. Interestingly, companies with CEOs who are paid a lot due to certain board and ownership structures tend to perform worse in terms of accounting performance. This suggests that when CEOs are paid unusually high amounts, it might be a sign of poor governance or managers who are too comfortable in their positions, which can hurt the company's overall performance.