There is a clear trend in the U.S. toward holding managers personally accountable for corporate misdeeds.

This is supported by various laws and regulations such as the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which impose penalties and liability on managers for corporate misconduct. Additionally, there has been an increase in the use of deferred prosecution and non-prosecution agreements that require companies to cooperate in investigations and hold individuals accountable for their actions.