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Alphabet has different share classes, and Page, Brin and Schmidt can outvote the rest of the shareholders. That has been motivated by the need to avoid this kin
by kryptiskt 8y ago
Alphabet has different share classes, and Page, Brin and Schmidt can outvote the rest of the shareholders. That has been motivated by the need to avoid this kind of thing.
Also, fiduciary duty doesn't mean that the CEO has a duty to bring in the profits. It means that he shouldn't dip in the till.