3 ms·
> Doesn't such power fly in the face of a share representing ownership, if that ownership can be unilaterally diminished? Yes, that's why phrases such as "corp
by formerkrogemp 4y ago
> Doesn't such power fly in the face of a share representing ownership, if that ownership can be unilaterally diminished?
Yes, that's why phrases such as "corporate raiding" exist. Minority ownership interests in enterprises aren't as well protected generally as majority ownership. Legal cases can drag on for years with no relief.