Shareholders are victims, executives are their agents that acted against shareholder’s long term interests. Here is a better example; you trust the bank with y

Shareholders are victims, executives are their agents that acted against shareholder’s long term interests. Here is a better example; you trust the bank with your money, bank gets robbed. The criminals are gonna be criminals. But why is the bank vault made of cardboard, and why is the password ‘1234’? Imagine the same bank keeps getting robbed for 10 years, and they make no attempt to fix things. Should the management still get their bonus? Should they be help to account? At some point you have to start asking if the bank management is in on the crime.