5 ms·
WAT?! And how would that work? Most shareholders with enough voting rights to matter are organizations themselves. This would essentially cease any attempt du
by rubyn00bie 9y ago
WAT?!
And how would that work?
Most shareholders with enough voting rights to matter are organizations themselves. This would essentially cease any attempt due to the absurd and never-ending complexity holding people accountable.
---
"Corp X needs to be accountable!"
"It's shareholders must pay!"
[looks up shareholders]
"Corp Y is a shareholder of X"
...
"Corp Y needs to be accountable!"
"It's shareholders must pay"
[looks up shareholders]
"Corp Z is a shareholder of Y"
...
"Corp Z needs to be accountable!"
--
The separation of ownership and management is what got us in this problem to begin with. Pointing the finger back at ownership when it's a corporation with thousands, or maybe even millions, of shareholders is stepping backwards in time and approach.
Owners don't make the decisions, managers who effectively have no boss make decisions and they're the ones who should pay.
- seanmcdirmid 9y agoAlso, isn’t the biggest VW shareholder Bavaria?
- pacificmint 9y agoIts the state of Niedersachen (Lower Saxony), not Bavaria. And they are not the largest shareholder, they hold about 20%. Qatar holds 17% and Porsche a tad over 50%.
- otempomores 9y agoNot all of these shares have a vote