The former is under the control of the latter.
Something tells me the board & shareholders will disagree if any criminal investigations are open on these failures. When companies break the law the shareholders never claim its impossible decisions were made without them. [1] [2]
[1] https://en.wikipedia.org/wiki/Wells_Fargo_cross-selling_scan...
[2] https://en.wikipedia.org/wiki/Volkswagen_emissions_scandal