This is why we need personal accountability by C-suites in regards to company misgivings. Yes companies are legally entities but we need like, 50% of the accountability is shared by the C-suites either as a group, or if they have it in writing for a specific thing, by a specific one, the CEO or CTO or whatever.
A person. So there’s a very real example of the personal risk to freedom or wealth (the second will hit investors more I presume) if you do this.
Plus I have a feeling that the moment it’s their ass on the line, these C-fuckers will, surprisingly, agree to do this shit less often.
This is why we need personal accountability by C-suites in regards to company misgivings. Yes companies are legally entities but we need like, 50% of the accountability is shared by the C-suites either as a group, or if they have it in writing for a specific thing, by a specific one, the CEO or CTO or whatever.
A person. So there’s a very real example of the personal risk to freedom or wealth (the second will hit investors more I presume) if you do this.
Plus I have a feeling that the moment it’s their ass on the line, these C-fuckers will, surprisingly, agree to do this shit less often.
But limited liability allows risk taking to occur.
The liability that is limited is that of the directors. The C-suite are fair game.
Well today I learn. I was under the impression that c-suite are protected but licensed professionals get liability.
It’s likely varies over jurisdiction. Directors often offer the CEO the opportunity to tender their resignation though when a head needs to roll.
They all play are same golf club afterall.