But if a CEO does something that actually destroys the company (without question) the governance structure that most companies in most countries have will put a halt to it. If the company is of size to have an actual CEO than they will have a need for a governance structure.
The sad part is that due to whatever reason it doesn't always work like that.
Heck somebody once told me that in the US you can just fire people for whatever, which is insane to me
Same here, but it also depends per country since well average life spans, average age to buy a house, average age to start a family etc all have an impact on when a new generation starts.