4 ms·
Let's be clear - while Zuck has the majority voting rights(does he?), he isn't the majority owner. But even if he was, his decisions would impact the minority
by JAlexoid 3y ago
Let's be clear - while Zuck has the majority voting rights(does he?), he isn't the majority owner.
But even if he was, his decisions would impact the minority owners... and we have had cases, where devaluing minority shareholder value has been deemed illegal.
Imagine that you're in a co-op building and the majority vote owner decides to demolish the building...