Fiduciary duty is to the business not to the leadership, and to replace bad management. An employee-backed check bolsters this fiduciary duty.
> If I had a company, I would like to have the right to make bad decisions. And who defines good and bad decisions.
Feel free to do that in a company of 1. As soon as your company exceeds 1 person, you lose the absolute right. You lose the right when your decisions impact the livelihood of those around you. It doesn't drop to zero instantly but it is attenuated as the company grows.
> If I had a company, I would like to have the right to make bad decisions. And who defines good and bad decisions.
Feel free to do that in a company of 1. As soon as your company exceeds 1 person, you lose the absolute right. You lose the right when your decisions impact the livelihood of those around you. It doesn't drop to zero instantly but it is attenuated as the company grows.