Deere seems to have bad relations with their employees, customers, and regulatory bodies.
The shareholders should remove the board of directors.
https://www.desmoinesregister.com/story/money/business/2021/...
Firing a board is generally risky, and the shareholders probably haven't fired them because even though the board has, almost objectively, not been good - firing them is likely even worse for the stock short term, and there aren't a lot of long-term, active investors left in the world.
If an action that hurts the stock short-term but will help int he long-term needs to be performed why would you as an investor enact it or even stay for the ride?
You are better off either opposing it or selling your stock and then waiting to see if someone will enact the changes, then you have the "insider" information to know that the short-term stock drop was a good thing for the long-term and rebuy the shares cheaper.
Yes and this underpins what most consider the disgusting trait of being excessively greedy, not just executives, doctors specialties like dermatology, anything.
The doctor who wants the ultra high paying medical specialty sometimes cares nothing about becoming rich. Fear. Fear of being crushed by all that student debt. Doing everything possible to avoid that. Planning to start a family, fear of homeless, etc. Fear of being unable to retire. Excess, irrational fear. Then, it passes, and now we have what seems in retrospect, simply a greedy bastard with now an excessive amount of money.
Same with executives, the thought may not be "let me cheese short term gains as hard as possible" but "let me hedge against short term losses as much as possible".
Aggression from sheer greed is human human thought modality. Predatory. Aggression when cornered, anxiety / fear response, arguably a more vicious and nasty aggression, is another very much different type of aggression because it is not predatory. The difference is predatory feels more voluntary and fear is about whether I should risk being super aggressive or not. In defense-of-self aggression, fear as already there plenty, so a person can do about any hyper aggressive evil thing in the name of defending from a perceived threat - such as lay off half the work force, destroy customer relationships, etc. In this way a good leader must have a steady hand and outlook with regards to fear.