Again, it helps to point out........
If they go bankrupt it helps no one. If they go bankrupt the stockholders should have the entitlement to lynch the officers of the company for using the employees money and defrauding the owners of the company.
Again, if your hypothetical company goes bankrupt for using money in the operation of the company that was not theirs (reminder-it was the employees funds contracted by management (what you choose to call entitlements) then the officers should go to prison for felony theft. There is no difference here from them stealing bank funds or converting company funds for their personal benefit.
The violation of a fiduciary charge should be punished by law.
And, if I am one of their stockholdres deproprivera would also be suggested.
Publius