Going broke is not possible since lawsuit damages would be capped at the stock price value. And I'm not suggesting eliminating limited liability. Just, giving

Going broke is not possible since lawsuit damages would be capped at the stock price value. And I'm not suggesting eliminating limited liability. Just, giving judges the authority to strip it (this is already a thing as the corporate veil can be peirced) with real shareholder consequences, instead of pussyfooting around. And if you think that means shareholders will be on eggshells. Yeah great. Maybe we'll have fewer psychopaths as CEOs, or at the very least if you are a CEO that fucks up badly you will never fail up.