There are so many people that would happily take the risk for significant reward though. Like, make millions of dollars a year, 1% chance you go to prison? Lots of takers.
Your assumption is wrong, a large corp is not an organized crime corporation.
To be a CxO of a large corp you just can’t be “people”. You have to be a person qualified way above the rest of us. If you can make millions in a different place not taking the risk of going to jail you won’t take a role in a risky corp.
May be they are psychos, but not idiots.
I disagree. Plenty of folks incurred very high fines and even jail time over backdated options. People still backdate options. The risk is low enough, and the return is high enough, for people to creatively interpret the law. As long as there is an interpretation that could be valid, laws will be bent.