Even if you own a majority of voting shares, it's a basic principle of corporate law that you still have to treat shareholders equally, you still have to act in

Even if you own a majority of voting shares, it's a basic principle of corporate law that you still have to treat shareholders equally, you still have to act in a way to maximize shareholder value, and you still have to consult the board & shareholders on the same issues. Owning 51% of voting shares doesn't turn the company into your private fiefdom.