To be clear, I think there are huge problems with how corporations (and by extension the directors) are able to act with impunity, but most of those problems wo

To be clear, I think there are huge problems with how corporations (and by extension the directors) are able to act with impunity, but most of those problems would be resolved by proper enforcement of the existing laws. I can’t see how investment can work if the shareholders were made accountable, but even if this became law, nobody would actually be thrown in jail under the current hands-off regime that seems prevalent in the Anglosphere at the moment. The fact that directors and CEOs have so much control over a business, but that it’s extremely difficult to hold them to account, is very bad IMO. But changing the law won’t fix anything if the law itself is not properly enforced.