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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 pric

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.

ehnto 7d ago
Maybe if there were consequences, there wouldn't be so much corruption that leads to these silent firings.
mcmcmc 7d ago
Satisfaction? It’s about truth and justice, investors deserve to know about executive malfeasance
- ThrowawayR2 6d ago
  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?
  - mcmcmc 6d ago
    Bad companies who do bad things should fail. Why are you so obsessed with protecting criminals from consequences? If an exec is sexually harassing employees should they still be protected? What if the bad behavior is abusing workers and committing wage theft? Should that still be swept under the rug? Forgive me for not really caring about the stock grants of people who are in the top 10% of earners. Actual working class people aren’t getting equity
    - ThrowawayR2 6d ago
      The person I was replying to talked about executives being fired with no reason given. So "protecting criminals" is something you pulled out of your own imagination and warrants no response. Have a nice day.
      - mcmcmc 6d ago
        That’s the whole point of why they should disclose, because you don’t know if it’s poor performance or something legitimately bad. I simply gave examples of something that I don’t think anyone with a conscience would support. You very much give the impression that you would prefer scandals hidden, regardless of legality, because that’s what’s best for your pocketbook.
ramy_d 7d ago
"Someone! Think of the shareholders!"
Henchman21 7d ago
> 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.
- jamesfinlayson 7d ago
  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.
esseph 7d ago
> 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
- deleted 6d ago
  [deleted]
BobbyTables2 7d ago
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…
subscribed 6d ago
Investigated, prosecuted and jailed (if necessary). So all the people companies are better off, not just you and other shareholders. You know, the opposite of two-tier justice system.
sensanaty 6d ago
If it was up to me we'd be stripping them of any and all assets they gained during their tenure for malfeasance. Let them roam free, and let them sleep freely under a bridge.

ehnto 7d ago

Maybe if there were consequences, there wouldn't be so much corruption that leads to these silent firings.

mcmcmc 7d ago

Satisfaction? It’s about truth and justice, investors deserve to know about executive malfeasance

ThrowawayR2 6d ago
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?
- mcmcmc 6d ago
  Bad companies who do bad things should fail. Why are you so obsessed with protecting criminals from consequences? If an exec is sexually harassing employees should they still be protected? What if the bad behavior is abusing workers and committing wage theft? Should that still be swept under the rug? Forgive me for not really caring about the stock grants of people who are in the top 10% of earners. Actual working class people aren’t getting equity
  - ThrowawayR2 6d ago
    The person I was replying to talked about executives being fired with no reason given. So "protecting criminals" is something you pulled out of your own imagination and warrants no response. Have a nice day.
    - mcmcmc 6d ago
      That’s the whole point of why they should disclose, because you don’t know if it’s poor performance or something legitimately bad. I simply gave examples of something that I don’t think anyone with a conscience would support. You very much give the impression that you would prefer scandals hidden, regardless of legality, because that’s what’s best for your pocketbook.

ramy_d 7d ago

"Someone! Think of the shareholders!"

Henchman21 7d ago

> 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.

jamesfinlayson 7d ago
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.

esseph 7d ago

> 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

deleted 6d ago
[deleted]

BobbyTables2 7d ago

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…

subscribed 6d ago

Investigated, prosecuted and jailed (if necessary). So all the people companies are better off, not just you and other shareholders. You know, the opposite of two-tier justice system.

sensanaty 6d ago

If it was up to me we'd be stripping them of any and all assets they gained during their tenure for malfeasance. Let them roam free, and let them sleep freely under a bridge.