This is 100% impossible to carry out at the scale of a corporation. You don't have enough data about a person staging in front of you to bet a prison sentence on their never ever doing anything wrong, maybe unless you've been friends with them for years. The board+CEO have even less visibility and control over hiring decisions made by middle managers. You would make every leadership position a game of Russian roulette.
I think his point is that this type of environment would discourage or essentially ban the type of huge corporation that depends on unaccountable middle managers to offload liability.
This is 100% impossible to carry out at the scale of a corporation. You don't have enough data about a person staging in front of you to bet a prison sentence on their never ever doing anything wrong, maybe unless you've been friends with them for years. The board+CEO have even less visibility and control over hiring decisions made by middle managers. You would make every leadership position a game of Russian roulette.