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A comment on On eve of bankruptcy, US firms shower executives with bonuses. Parent comment

Re:On eve of bankruptcy, US firms shower executives with bon... by koheripbal on Saturday July 18, 2020 @03:27PM (#23884086)
I don't think you understand how corporations work, fundamentally. The executives aren't the bosses - the shareholders are the bosses.

They aren't idiots paying the CO's exorbitant amounts for fun. They do it because they have no other alternative.

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Re:On eve of bankruptcy, US firms shower executives with bon... by dingaling on Sunday July 19, 2020 @02:53AM (#23887537)
The will of the shareholders is expressed through voting rights, which may or may not exceed those of the board members.

The shareholders aren't the bosses, they're the audience.

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