3 ms·
Most large corporate environments don’t have the CEO as the sole controlling shareholder in the company. While CEOs are powerful and have a lot of autonomy on
by code4tee 6y ago
Most large corporate environments don’t have the CEO as the sole controlling shareholder in the company.
While CEOs are powerful and have a lot of autonomy on day-to-day decision making they too are generally employees employed at the discretion of the board. The board itself exists and is populated by individuals at the pleasure of a diverse set of shareholders. There’s real accountability. That’s not the case at Facebook. Again not saying that’s good or bad but the model was no secret when people signed on.