The execs aren’t going broke. They are highly compensated when the company goes under.
The employed and shareholders are. Company boards are no longer made up of primary shareholders. Executives prioritize social issues over their own businesses health. ( There are theories that certain consultants are hired on to destroy long standing companies in order to short the stock and sell off company assets.) This behavior now even flows into financial markets who these corporations rely on.
Go woke, go broke.
The execs aren’t going broke. They are highly compensated when the company goes under.
The employed and shareholders are. Company boards are no longer made up of primary shareholders. Executives prioritize social issues over their own businesses health. ( There are theories that certain consultants are hired on to destroy long standing companies in order to short the stock and sell off company assets.) This behavior now even flows into financial markets who these corporations rely on.