> apparently investors/shareholders seem to not care even the tiniest bit
They rarely know anything about what middle management is doing. After all, if you own any stocks, do you know anything about the middle managers in that corporation?
Guess why I'm out of the stocks game other than the occasional gamble of meme stonks. I'm German, we don't need it either way.
The thing is, we allow corporations to become (way) too fat. When a corporation grows too big, it grows uncontrollable as well - once the complexity of any corporation grows so large that there is no way for any single person to understand at least the basic scopes of everything the corporation's parts do at the same time, all kind of auditing and oversight becomes a sham, no matter if internal (boards) or external (consultancies, auditors, regulatory agencies).
loading story #42068077