Shareholders can put pressure on the board to fire the exrcutive. If they don't, that means they're fine with the situation.
As a shareholder in many companies, I cannot put pressure on a board, and I'm mostly unaware of how they are internally managed.
Shareholders are basically fine with fraud as long a they benefit in the end .
As a shareholder in many companies, I cannot put pressure on a board, and I'm mostly unaware of how they are internally managed.