A share in a gold-hoarding dragon is worthless if the dragon is in control and never intends to pay dividends. But if the dragon's actions are controlled by a

A share in a gold-hoarding dragon is worthless if the dragon is in control and never intends to pay dividends. But if the dragon's actions are controlled by a board and the board is elected by the shareholders, then the share is suddenly worth a lot more. Now it's theoretically possible for the shareholders, acting en masse, to redistribute the gold to themselves at some point in the future, and so the share combined with the voting right is worth real money, even if the distribution never happens. PS. Apologies if I'm missing a reference to something with the gold-hoarding dragon and the defunct Buddhist temple construction company.