Indeed it won't happen. CEOs and Main Board directors do not vote themselves out (I would guess that less than 1% do so). The inclination of male human beings is to make something bigger than the next man and make more money than the next man. They will pursue ANY policy - even if it means they lose everything. They will take the risk of making more money and, when the company goes Splat and gets taken over - they blame everyone else.
Sorry to be cynical but I've worked in commerce and local govt for 30 years, as well as being a citizen of western europe ...