The base position taken in some countries of not providing bailouts, or bailouts above a certain limit, to companies who carried out stock buybacks or issued dividends was fantastic in my opinion, because it makes situations like this extremely bad for the company.
Of cause a company would want to give huge bonuses to execs who manage to pull in a huge amount of money from the state, that's great for the company. Why should a company care if executives are being rewarded or are being selfish if it also benefits the company and owners overall?
But with the exception to the aid, that would only be possible if the same execs brutally punished the stock owners, which would obviously put them in bad light for being selfish and not just doing good for the company.
Of cause a company would want to give huge bonuses to execs who manage to pull in a huge amount of money from the state, that's great for the company. Why should a company care if executives are being rewarded or are being selfish if it also benefits the company and owners overall?
But with the exception to the aid, that would only be possible if the same execs brutally punished the stock owners, which would obviously put them in bad light for being selfish and not just doing good for the company.