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#punishingexecutives — Public Fediverse posts

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  1. Regular readers will know that China has been going after billionaires hard. So much so, in fact, that the number of billionaires is dropping in China.

    Back after the financial collapse executives did very very well. They had been lying repeatedly, had engaged in wide-scale fraud and to the extent that there was any punishment it was fines on the companies involved.

    Not only were the fines […]

    https://www.ianwelsh.net/if-you-want-companies-to-behave-well-you-have-to-punish-decision-makers/