The whole purpose of companies is that the bankruptcy of a company will not ruin entrepreneurs and strip them of all their belongings. You have the possibility of failing softly. That's a good thing because it enables you to take a calculated risk. But that risk is usually just money.

When a company, for example its managers through willful negligence or an outright lie, enables the organization to do something that is considered illegal, they absolutely should be held personally responsible. The existence of a company as an entity shields the entrepreneurship itself, not individuals who are actively harming others.

Managers who willingly poisoned people with cigarettes or lead, and now with brain rot, while simultaneously claiming that it is not harmful to the public, even when they know that is simply a lie, should absolutely be held responsible.