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Does this plan make sense? v2
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Not any more than it does now. Ignorantia juris non excusat. Ignorance of the law excuses not. It is a primary doctrine in US law as it stands, I don't see why this case should be any different.
My personal flavor of this idea could down to this: if your company is found guilty of a criminal offense that would result in jail time for an individual, all board members and C-level executives are held accountable and face the same punishment as an individual would for the same crime. The only exceptions are:
Outside of those 3, they asses go to jail, assets get seized, and yahts go up in police auctions.