News for hackers. Stuff that matters.

A comment on Many Companies Aren’t Prepared to Replace Underperforming CEOs. Parent comment

Re:Many Companies Aren’t Prepared to Replace Underperforming... by yellowstuff on Friday November 04, 2022 @05:25PM (#33473992)
I think that's the exception, not the rule. Many large public companies have many board members with only trivial ownership stakes.
[ Parent | on HN ]
Re:Many Companies Aren’t Prepared to Replace Underperforming... by j33zusjuice on Friday November 04, 2022 @09:26PM (#33476694)
What you’re saying is implied. They’re proposing requiring a minimum ownership percentage (I assume legally) would make board members care more about decisions because, as it is now—-according to the comment parent—-board members largely don’t care as long as their wallets get fatter.
[ Parent | on HN ]