this post was submitted on 05 Sep 2024
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Technology
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The sad thing is that the corporate sociopaths who made the bad decisions all made huge amounts of money doing it. The fact that they destroyed the company means nothing to them. And it will not mean anything to the next corporations that hire those same people as executives.
CEO bonuses should be awarded 10 years after their mandate
I love the idea!
The biggest problem with corporate governance is that precedent in US law is absolutely clear that the only financial responsibility is to the shareholders. If we expanded that to include employees and customers our world would look very different after a while.