4 ms·
Within limits, shareholders can elect the board of directors, right?
by jon_dahl 17y ago
Within limits, shareholders can elect the board of directors, right?
- bioweek 17y agoIn theory yes. But let's say 80% of company X shareholders wanted a large one time dividend payout but the executives of company X don't want to do it. At the next board election they simply choose two candidates but both who agree with what the executives want.