The disadvantages outweigh the advantages; there is not much to say.

The chairman spends all day suspecting that his employees are stealing data and giving it to competitors, and constantly suspects that his employees will set him up. As soon as he feels an employee poses a threat to him, he immediately fires them. He then spends all day in meetings that go nowhere, and every now and then talks during meetings about how former employees supposedly harmed him. An extremely paranoid boss.