[tomp]

Then noone would invest. Don't forget that often "shareholders" are index funds, pensioners, school endowments...

No, the correct solution already exists - the criminal justice system going after criminals that did crime - it just doesn't work very well (especially when criminals are rich - e.g. Epstein - no need for "limited liability company").

[cies]

there are so many ways a huge corp can commit crimes while individuals can all use the "plausible deniability" card. also often the crime is committed by the company as a whole, while no individual did something wrong.

> Then noone would invest.

i disagree, you just only invest in ethically sound endeavours. and thats exactly what im trying to achieve by my suggestions. starve bad-business from investment and/or people willing to take ownership. and make investors also do dilligence on the ethical side, instead of only an assessment of books+team+product+market.

[vorpalhex]

How is any investor supposed to be able to do any level of research approaching that depth, much less a college kid or your grandparents?

"Sorry Grandpa, I know you thought that company was on the up and up, but we're gonna have to take your retirement."

[cies]

exactly. no boundless protection for your capital/investments. you can do all kinds of other investments! but this kind of structure pushes corps to become "walk over dead bodies" evil, and investors not giving a shit.