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So the government takes a board seat (or two or three) eventually in the company? There are a lot of rights and some obligations that come with equity ownershi
by mathraki 6y ago
So the government takes a board seat (or two or three) eventually in the company?
There are a lot of rights and some obligations that come with equity ownership in a company beyond financial return.
- jtsiskin 6y agoThis makes me think of China, where the government forces board seats in many companies.
- metzby 6y agoThat seems like another strawman; e.g. I said it could be warrants for this reason. There's lots of examples of financial ownership without the holder of the return running the business. Whether it's a state or an ex-spouse.
- Daishiman 6y agoIn Germany unions have board seats by law. Doesn't seem to be stopping the executives at Siemens and Krupp from their corporate aspirations.