It's fine that you think corporations are supposed to work that way, and I don't necessarily disagree. But they don't in practice. They don't feel the consequences of bad actions because of legal economies of scale. They also don't backpropagate consequences from the company's bottom line to the individuals responsible. If you were to rectify this so that it works exactly as you envision, you would have made incredible advances in the Principal-Agent problem as it pertains to corporate compensation.

Most corporate actions that 3rd parties consider "bad" are the result of someone inside the corporation having an asymmetric payoff from directing the corporation to do the bad thing. They get the upside from a success, but not the downside from failure.

If you want to stop a certain bad behavior, your best bet is to change individual incentives.