4 ms·
Largely agreed. The normal way for shareholders to express their distaste for choices made by the board/executive is to vote them out. Shareholders here literal
by ISL 4y ago
Largely agreed. The normal way for shareholders to express their distaste for choices made by the board/executive is to vote them out. Shareholders here literally can't do so, but they've known that from the day they bought their shares.
- acover 4y agoThere is protection for minority shareholders. I'm not sure the extent but majority owners/majority voters can't loot the company.