They can't do a lot if the resultant stock crash causes the board to fire the executives. Executives call the shots but in publicly traded companies their conti

They can't do a lot if the resultant stock crash causes the board to fire the executives. Executives call the shots but in publicly traded companies their continued employment is decided by the board (who represent investors, who literally only care about stock prices). Really the big problem here are the constraints imposed on publicly traded companies, which I think do more harm than good in many cases.