Maybe, BUT ...
Yahoo may be a private company, but it's a private company that's PUBLICLY traded. If the BoD don't act swiftly and decidedly, I suspect you'll see Yahoo's stock price tumble -- of course, unless the vast numbers of people investing in Yahoo have the same moral fiber as is demonstrated by its CEO. Any more, it's rather difficult to discern who has good morals an who is rotten to the core.