4 ms·
Corporations aren't that carefully structured to avoid liability. The standard corporate charter in the united states limits it by default.
by ouid 5y ago
Corporations aren't that carefully structured to avoid liability. The standard corporate charter in the united states limits it by default.
- Jochim 5y agoI took this to mean that the board will never explicitly tell you to break the law. They'll just make it impossible to carry out your job unless you do. Then, when the hammer falls you're a "rogue employee" that the company couldn't possibly have foreseen.
- edrxty 5y agoThis. Corporations are cya machines. Also liability may not be prevented but meaningful punishment always seems to be avoided.
- atatatat 5y agoThey are in terms of compartmentalization of orders, and "sentiment" that drives top-down issues, e.g. Wells Fargo account creation fraud.