Many states have passed laws that limit the liability of individual directors of corporations. As more directors have been personally sued, it became increasingly difficult to find people to serve. To what extent do you believe directors should be held accountable and how should this accountability be maintained? Are there any specific examples you can cite of either directors, or CEO's, being held responsible for actions they took?© BrainMass Inc. brainmass.com October 10, 2019, 7:08 am ad1c9bdddf
It is my belief that directors of corporations should be held accountable to the greatest extent for any of the outcomes resulting from the activities of the organizations that they are charged with leading. This ...
This solution describes key aspects involved in corporate CEO liability.