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I believe this is how it typically works. The board is hired by the shareholders to act in their interest. The board has a lot of powers. The shareholder if unh
by miketery 8y ago
I believe this is how it typically works. The board is hired by the shareholders to act in their interest. The board has a lot of powers. The shareholder if unhappy with the boards performance can fire the board.
- walshemj 8y agoDid you not read the bit without further reference to share holders - the board can issue new shares to dilute existing share holders.