View: Kissa Kursi Ka, when guard rails don't work
A court nullifying Elon Musk's $56 billion compensation reignites governance concerns over top management's omnipotence, as boards and shareholders seemingly rubber-stamp decisions. CEOs wield significant power, influencing vital choices and governance structures, often with limited shareholder oversight. Shareholder discontent occasionally emerges, yet challenging entrenched leadership proves arduous. Guardrails against power abuses falter, leaving governance in limbo.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
