The best hope for improvement would be to rid the system of interlocking directorates. The regs must one day limit the number of boards anyone is allowed to serve on to just one.
So, the man not doing his job here - as middle manager, assignment is to prevent people like Dilbert from facing the CEO - is the PHB, obviously the only guilty one in this whole ordeal.
This happens when the interest of the one running the company are not the same as the interests of the long term investors.
Instead of giving a shares bonus that can be sold at any time, companies should make the share bonus that are not be allowed to be sold in 10 years. So that the long term survival of the company is a priority of the current CEO. Instead of the raise stocks, sell them, let them drop, cycle that CEOs are using now.