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[-] pinkdrunkenelephants@sopuli.xyz 0 points 1 year ago

How does one insulate a company from corrupted CEOs?

[-] Ignisnex@lemmy.world 3 points 1 year ago

Technically that's what a board of directors is for. They are the ones who can axe a CEO and hire another.

[-] pinkdrunkenelephants@sopuli.xyz 0 points 1 year ago

Yet they're not capable of sussing out bad actors before hiring them, so how is a board a good system?

[-] Ignisnex@lemmy.world 1 points 1 year ago

It's good on paper, so long as a critical number of them aren't bad actors. You kinda got the same problem with US politics at the moment. It works until it doesn't, like everything else.

[-] pinkdrunkenelephants@sopuli.xyz 1 points 1 year ago

It seems clearly nothing works.

this post was submitted on 15 Sep 2023
2123 points (99.0% liked)

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