Malfeasance in the regulatory violations and culpability for irresponsibility sense. Not just criminal. If the corporation is found culpable, or pleads no con

Malfeasance in the regulatory violations and culpability for irresponsibility sense. Not just criminal. If the corporation is found culpable, or pleads no contest to culpability to reduce their fines or other repercussions, then executive, management or individual culpability would be determined (if any) by an outside party chosen by the board, acting in the interest of shareholders. Details, are not the point I am making, but that is one model. Whatever the process, it would be set in the corporate bylaws, and a minimum process required by stock exchanges to maintain listing. And possibly by law regarding corporate requirements - given law is what defines the balance of shareholder liability vs. corporate liability. This would add corporate employee liability to that balance.