• deadbeef79000@lemmy.nz
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    23 hours ago

    Or remove the concept of a limited liability company: so that the directors must take responsibility. They’re the ones directing the executive anyway.

    It wouldn’t need any special carve out in law: other than the laws covering the structure of corporations.

    • tyler@programming.dev
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      22 hours ago

      If you did that you’d destroy every small business in America in a heartbeat. Nobody would do anything that could have any sort of perceived risk because anything you do could result in you losing literally everything in your life, your house, your car, everything you own.