I would agree that I am mixed about it. It's not binary but it does seem to be difficult to build a board around a hypothetical fantastic growth trajectory.
That said I don't think it's the boards sole responsibility on ethical choices - that's the management team and rolling up to the board.
It feels a bit how HR is complicit in the company outcome and is a fraught position. The board of directors is the same. Maybe the rest of the world has thought about the board of directors in the wrong way in that they have assumed that they represent an ethical, independent thinking group of people with different incentives then how boards are actually set up.
Not using this as a scape goat of responsibilities but more observing how things seem to be in the real world.
That said I don't think it's the boards sole responsibility on ethical choices - that's the management team and rolling up to the board.
It feels a bit how HR is complicit in the company outcome and is a fraught position. The board of directors is the same. Maybe the rest of the world has thought about the board of directors in the wrong way in that they have assumed that they represent an ethical, independent thinking group of people with different incentives then how boards are actually set up.
Not using this as a scape goat of responsibilities but more observing how things seem to be in the real world.