Comment by ThrowawayR2
16 hours ago
So you would prefer a media circus and investor scrutiny when your employer's executives are fired for failures or misconduct? This is likely to cause the price of the shares to drop, including any ESPP and stock grants you and your coworkers have vested. Is the satisfaction of seeing an executive dragged through the mud worth losing a chunk of your net worth to you, no matter how much the exec deserves it? I'd rather keep the money, personally.
Maybe if there were consequences, there wouldn't be so much corruption that leads to these silent firings.
Satisfaction? It’s about truth and justice, investors deserve to know about executive malfeasance
Weird to see so many posters suddenly pop up that are anxious to protect investors (who have the access and means to protect themselves) at the expense of harming employees and workers. Glad to see you all getting into the ultra-capitalist spirit of Hacker News I guess?
Yes, I’d prefer that investors know that the new executive is not going to continue the same crap and same level of poor judgement. Want them to know the replacement is looking to do more than wear a golden parachute.
Imagine if investors actually thought the personnel change was a positive one…
> So you would prefer a media circus and investor scrutiny when your employer's executives are fired for failures or misconduct?
Yes, as a warning to the other executives.
Signed,
The Shareholders
> Is the satisfaction of seeing an executive dragged through the mud worth losing a chunk of your net worth to you, no matter how much the exec deserves it?
Yes. There is far too little truth and justice in this world, most especially for corporate executives.
> I'd rather keep the money, personally.
Of course, me too buddy, me too. But some things are more important, don't you think? It would be a much much better world if the wealthy and powerful had to think carefully before acting. Think carefully before that action of misconduct. Bear the responsibility for their actions. Be afraid of the consequences.
And on the flip-side, if it's an exec at another company getting tarred and feathered by the media for their incompetence, it means they probably won't end up at my company in six months' time and do the same thing.
"Someone! Think of the shareholders!"