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by WalterBright 2193 days ago
If a company promotes/hires people who make decisions deleterious to the company's financials, that company will be less profitable and the stock price will be less.

I.e. the market corrects for things.

2 comments

Eventually, sometimes. After billions have been spent/wasted. Companies the size (and with the cash cows) of Apple/Google/MS/etc can make atrocious decisions for decades before they go down.
First, that does not make those people punished. At best it make the company punished.

Second, it does not seem like those companies were punished in any measurable way.

> Second, it does not seem like those companies were punished in any measurable way.

Less profit adds up.