On 06/01/18 18:50, James Knott wrote:
As for examples of why this is needed, look at how the guy that owned most of Sears Canada stole the pension funds and wages from employees. Or how Nortel was trashed by execs cooking the books. There are a lot more examples of where greed at the top has caused a lot of harm for others.
Kenneth Lay? Rupert Murdoch. As you say, plenty more. The problem is how do you hold executives accountable for the actions of the company? How do you prove they knew what was going on, and weren't hoodwinked by the people below them? (Or were deluding themselves that things weren't as bad as they looked.) I think the real problem lies in the legislative assumption that companies are supposed to act in the interests of SHAREholders. The *reality* is that companies should act in the interests of their stakeholders because quite often you can't tell the difference between shareholders, employees and customers. But because of the way things are now set up, people don't have a clue ... The majority of people work for small companies. The system is rigged in favour of big companies. What more needs to be said? Cheers, Wol -- To unsubscribe, e-mail: opensuse+unsubscribe@opensuse.org To contact the owner, e-mail: opensuse+owner@opensuse.org