• maynarkh@feddit.nl
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    7 months ago

    Even if they do, they get bonuses for short term stock gain, not long term stuff. If the going gets bad, they totally do bail. Some companies - khm Reddit khm - even bring in execs just to take a fall when that happens, only for the same guys who set the problem up to take back the reins after the fallout.

    • bluGill@kbin.social
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      7 months ago

      They generally have a large part of their net worth in company stock and are getting options. Thus long term matters.

      • Maddier1993@programming.dev
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        7 months ago

        It’s supposed to work like that. You’re naive to think it actually does work like that for a majority of companies nowadays.