First of all shareholder income should be taxed the same way as employment income. I think (at least in my country) it is absolutely disgusting that when you draw dividends from a business you pay less tax than if you were drawing a salary. If taxation was the same across the board, then there will be no incentive for shareholders to insist on extracting the value through dividends. The next thing is that in many cases shareholders are de-facto directors in terms of influence, this means they should also share the same liabilities and responsibilities. This should be a start to make it healthier.

>I'm not sure what can be done to fix it.

Regulations which require engineers or their union representatives to sit on the corporate board of directors.

(Such as in the deplorable communist countries Germany, Austria, Sweden, Norway, Ireland, France and Denmark.)

Don’t know why you’re being downvoted. That’s a good point.

A lot can be done to fix things. Prompt prosecution against management, including manslaughter charges where applicable. This no longer "wink, wink, nudge nudge" stretching the rules that is prevalent. Hundreds have already lost their lives.

You can't simply acculturate businesses against it- they will slowly be replaced by other businesses headed by ruthless sociopathic maximizers of shareholder value.

This is the guaranteed outcome given this way of organizing commerce. Just as if you organized everyone into medieval guilds, we would replicate the behavior of medieval guilds.