Of course the managers/executives making/approving decisions like this know it's a dangerous game, but it's not dangerous for them because they know IBGYBG[0]
They have no "skin in the game"[1] meaning the incentives are all wrong, how do we expect them to behave any better?
Of course the managers/executives making/approving decisions like this know it's a dangerous game, but it's not dangerous for them because they know IBGYBG[0]
They have no "skin in the game"[1] meaning the incentives are all wrong, how do we expect them to behave any better?
[0] "I'll be gone, you'll be gone" [1] https://en.wikipedia.org/wiki/Skin_in_the_Game_(book)