logoalt Hacker News

immibisyesterday at 11:47 PM1 replyview on HN

We don't usually think of the board of directors as controlling a company, nor the shareholders. They appoint a CEO, and then are hands-off unless the CEO really fucks up. This principle still remains true when the shareholders are a state.


Replies

cbmusertoday at 12:02 AM

I’m not sure what point you’re trying to make, but the fact remains that the German government has full control over Deutsche Bahn and any mismanagement can be blamed 100% on the German government.