• AngryMulbear@lemmy.ca
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    1 year ago

    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.

    • jadero@lemmy.ca
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      1 year ago

      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.