Associate
- Joined
- 17 Sep 2018
- Posts
- 1,474
Firstly, we start where it hurts, money and share price. Fine them a large percentage so share holders run for the hills because the company can’t get its act together. It’s amazing how CEO’s change their tune then money and shareholders are concerned, suddenly the will be fix things magically starts.
I know it’s totally against the free market, let them self regulate, friendly for business mentality we’ve been told is the promised post Brexit land, Singapore on the Sea nonsense but it’s clear things won’t change. Firms won’t change and why should they? There is no incentive to and the powerful lobbyists always seem to win, with watering down of promised legislation, eg workers rights being the latest, which I guarantee will essentially be unchanged, with “right to ask your boss for this or that but they can just say…no”, so waste of time then.
Actually I think it would be far more effective to jail those who implemented this who full well knew what they were doing. Hitting the shareholders doesn't hurt them. Sending them to prison does.