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> If the shareholders are dispersed and can't coordinate themselves, they'll have less power and see more go to the next entity with power, probably the executi
by cjalmeida 8y ago
> If the shareholders are dispersed and can't coordinate themselves, they'll have less power and see more go to the next entity with power, probably the executives.
Change shareholders to voters, executives to elected official, then you have a time tested example of power grab. Checks and balances are important in both cases.
- sonnyblarney 8y agoThe ratio is rather different, and that makes a difference. In many companies, merely a handful of entities can make up most of the power, or nearly most of it. Shareholders that matter can usually fit in a room, and have a conversation. With 300 000 to 1 as we see in politics ... it's a little different.