Terence Corcoran: Michael McCain’s rant oversteps boundaries of good corporate governance

Article Link: https://business.financialpost.com/opinion/terence-corcoran-michael-mccains-rant-oversteps-boundaries-of-good-corporate-governance

Discussion posted by: Rebeater

According to McCain, whose family owns about 38 per cent of Maple Leaf Foods, the downing of the airline is the “collateral damage of this irresponsible, dangerous, ill-conceived behaviour” in Washington. It takes a twisted feat of ideological gymnastics and deep logic-stretching to reach the conclusion that the chain of events leading up to the missile takedown of the Ukrainian passenger jet can be morally traced back to Trump and his decision to take out a murderous Iranian general. But more about moral and causal logic later. First there’s the corporate logic. Michael McCain, scion of the McCain potato family with an estimated net worth of $4 billion, decides to take over the corporate Twitter account to deliver a personal rant that effectively accuses the U.S. president of complicity in the deaths of 176 airline passengers.