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No it doesn’t there are rules and requirements beyond those of a privately owned company, which is for instance why he can’t just call a vote tomorrow nullifyin
by hjk05 7y ago
No it doesn’t there are rules and requirements beyond those of a privately owned company, which is for instance why he can’t just call a vote tomorrow nullifying every share except for his own without seeing it blow up in his face. It’s not his company, it’s a public company in which he has controlling shares. He can’t do whatever he likes without consequence, but he can definitely retain control even in the face of rising criticism.
- bradstewart 7y agoSure, he can't violate the law. But (within the confines of the law) it is effectively his, and only his, company.