The shareholders own the company. Therefore, the board has to act in the shareholder's interest. Usually this means that the share price at the stock market has

The shareholders own the company. Therefore, the board has to act in the shareholder's interest. Usually this means that the share price at the stock market has to be maintained or increased, else the shareholders would suffer losses. Employees have no stake in a normal company. Their contributions are remunerated by their salary, and their employment can be terminated at any time (details subject to jurisdiction of course). Some jurisdiction provide for a worker's council in larger companies that can influence decisions of the board. Corporations where employees regularly exercise control democratically are called worker cooperatives.