But if a CEO does something that actually destroys the company (without question) the governance structure that most companies in most countries have will put a halt to it. If the company is of size to have an actual CEO than they will have a need for a governance structure.
The sad part is that due to whatever reason it doesn’t always work like that.
Heck somebody once told me that in the US you can just fire people for whatever, which is insane to me
But if a CEO does something that actually destroys the company (without question) the governance structure that most companies in most countries have will put a halt to it. If the company is of size to have an actual CEO than they will have a need for a governance structure.
The sad part is that due to whatever reason it doesn’t always work like that.
Heck somebody once told me that in the US you can just fire people for whatever, which is insane to me
Governance structures aren’t without fail either, as exemplified with quite a few big corporations going down over time.
Governance structures are also present in political systems, and also there they can fail.
A government and a corporation are really not all that dissimilar when it comes to managing work, projects and so on.
Yeah that was also my reason to say that it doesn’t always work like that.
People also defend companies or system that lack transparancy, things like not publishing annual reports etc