Earlier quoted context omitted.
A company be responsible for their actions? Where in heaven did you get such a dastardly idea?
The solution to like 90% of all problems: The CEO is legally responsible for every illegal action taken by the company. This is also true for all managers down to the department that caused the illegal action. That's it. Nothing else. You'll see a massive amount of bad behavior from companies instantly stop. When your neck is on the line, you won't do it. Or you'll quit. However given history, this will never occur.…
You think CEO compensation is out of control now? Think about what you'd have to pay someone to be the CEO of any moderately large corporation if that were the case.
You think your boss is up your ass now? Think about what they'll be like when they are strictly liable for anything you do.
I'm not against more executive responsibility, but you have to consider the externalities of your policies.