Not criminally, if you had no idea that people were being killed. If you failed to recognize the fact through a lack of due-diligence, then that should make you liable for damages. If you deliberately shirked personal responsibilty by not voting to recall a product once you became aware that it was fatal and failed to bring it up to board members, then you'd be complicit at the least.
I invest in the market, but I make darned sure to investigate the companies beforehand. It's called due-diligence and personal responsibility. Caveat emptor., and 'risk-reward' are being removed from capitalism, and replaced by an utter lack of business ethics, and personal responsibility on the part of ownership.
Corporatism is destructive. It benefits the lazy, the irresponsible, or those averse to taking the genuine personal risks that are inherent to true enterprise. Exactly the opposite outcome of capitalism, which benefits hardworking, enterprising individuals.
I'm curious, what corporation allows shareholders to vote on a product recall?
I invest in the market, but I make darned sure to investigate the companies beforehand.
I'm curious, what companies do you own that you know, for sure, aren't breaking any laws?
Corporatism is destructive. It benefits the lazy, the irresponsible, or those averse to taking the genuine personal risks that are inherent to true enterprise.
So in your perfect world we'd have millions of tiny companies and no large ones?