Originally Posted by
patentcad
Correct.
The answer to the shareholders part used to be correct. Now they answer to their pals on the Board of Directors (that's the Board they appointed). Because shareholders wouldn't approve $100 million Golden Parachutes for aholes who just destroyed half the company's stock equity through their mismanagement.
Yeah, I didn't really want to get into the BoD area, but you did succinctfully enough.