Comment by andsoitis
6 days ago
> they are basically impossible for a business to hold accountable outside of actual illegal activity
False. CEOs are held accountable all the time. At the extreme end, research shows that 1 in 3 CEOs are fired within 18 months.
>At the extreme end, research shows that 1 in 3 CEOs are fired within 18 months.
And the size of the parachute they get when they're tossed from the plane? I know that there are many small companies with someone in a "CEO" position who might not be hugely compensated, but speaking of CEOs at major corporate ventures here, as is commonly understood when one talks about questions of executive responsibility (or lack thereof), let's be real on some actual severance figure averages for a clearer picture of consequences and "punishment".
Being fired is not being held accountable, it is being terminated
> Being fired is not being held accountable, it is being terminated
Termination is the end result of a process
It is not unreasonable to think that is an accountability process of some sort...
You're talking about being accountable to shareholders
I am talking about being accountable to society
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