alt Hacker NewsI am merely saying, if you fire a CEO because of, say, him having a relationship with an underling, you are saying: "there are arbitrary things more important than profitability".
I am not sure it makes sense given why companies exist in the capitalist system. Stockholders, I'd think, on average care more about the returns less whether the CEO is a likable character.
The real problem is potentially illegal behavior, of course.
Replies
tock • today at 3:49 AM
> arbitrary things
I'm sure Jenson knew sleeping with his direct reports was wrong. And that plenty of CEOs got fired for that. Nothing arbitrary about that.
Even in purest capitalist sense, romantic relationships cloud judgement and point at a possibility (inevitability?) that people in question (CEOs, managers, owners, board members) will do that again thus increasing the risk to the business.
This ignores the direct consequences like "worse" employees getting promoted (affecting business) or put in charge, or like in this case, potential national security issues.