4 ms·
Shareholder power is diffuse, a lot like voting for your congressman is. If you hold over 50% of the vote there are more tools available but then your getting
by jdsully 5y ago
Shareholder power is diffuse, a lot like voting for your congressman is. If you hold over 50% of the vote there are more tools available but then your getting lawyers involved. Sometimes corporations are organized in such a way that even 50% doesn't give you effective direct control without very unpleasant side effects (e.g. poison pills).