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CEO has 100% responsibility that his/her company fulfils its fiduciary duty to investors. They do not have this more nebulous "duty to society" responsibility t
by Tycho 10y ago
CEO has 100% responsibility that his/her company fulfils its fiduciary duty to investors. They do not have this more nebulous "duty to society" responsibility that puts them on the hook for every single instance of bad behaviour by any of the employees. It would be more than adequate for Kalinack to simply order a review of HR policy.
True I don't have evidence that the #UberSurvivor blog was fake but there's also been zero proof that it is real and I would be willing to bet money that none will ever appear.
- st3v3r 10y ago"They do not have this more nebulous "duty to society" responsibility that puts them on the hook for every single instance of bad behaviour by any of the employees." Yes, they do. Again, they are entirely responsible for their company. "It would be more than adequate for Kalinack to simply order a review of HR policy." Like the several other times he's done that, and it failed to change anything?
- Tycho 10y agoI cited the fiduciary duty which is a widely recognized standard for the practice of running a company. What standard are you alluding to, exactly, when you say the CEO is "entirely responsible" for everything that happens within the walls of their company? Are you just making an arbitrary assertion? Who exactly does the CEO need to answer to for these kinds of employee misconduct?