The maker of the popular video game “Fortnite” has begun compensating claims in a $2.75-million settlement to a Canadian class-action lawsuit over the inclusion of controversial “loo...
I’d like to see something like a corporate prison, where the company is put under government receivership for X number of years, with no distributions to shareholders.
Board of Directors would be disolved, and all C levels fired.
That increased risk would ensure shareholders are more diligent at governing these companies.
If it’s serious enough or there are repeated offenses, the directors might have to resign from all boards and the C-suite prohibited from taking equivalent positions elsewhere. And eventually actual humans get prison.
I’d like to see something like a corporate prison, where the company is put under government receivership for X number of years, with no distributions to shareholders. Board of Directors would be disolved, and all C levels fired.
That increased risk would ensure shareholders are more diligent at governing these companies.
I like it!
If it’s serious enough or there are repeated offenses, the directors might have to resign from all boards and the C-suite prohibited from taking equivalent positions elsewhere. And eventually actual humans get prison.
deleted by creator