this post was submitted on 23 Jan 2024
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Neither CEOs nor Boards are less accountable IMO. That just explains why they behave the way that they do. In a better world, there'd be incentives for those in power to do the right thing, but it just doesn't play out that way much of the time. It's probably because it's hard to design those incentives well in the first place while simultaneously preventing bad actors from ruining it.