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So person Y read an email late at night and forgot about it. So you send a director to jail. Tomorrow many of the "good" directors feel scared and they simply d
by nroets 9y ago
So person Y read an email late at night and forgot about it. So you send a director to jail. Tomorrow many of the "good" directors feel scared and they simply do not accept any new appointments.
Who will fill the void ? People who are overconfident and people who are not scared of going to jail.
It's much better to impose financial penalties. Should the directors or the shareholders pay ? Let them figure it out between themselves!
- JumpCrisscross 9y ago> So person Y read an email late at night and forgot about it. So you send a director to jail We do this for CFOs, Chief Compliance Officers and many other roles for many other things.