> It baffles me that the owners of a company are unable to block the company's managers from paying themselves whatever they like. This is because the stock ow

> It baffles me that the owners of a company are unable to block the company's managers from paying themselves whatever they like. This is because the stock owners are not legally the owners of a company, they are just another stakeholder. * https://hbr.org/2012/07/what-good-are-shareholders https://hbr.org/2012/07/what-good-are-shareholders * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2277141 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2277141 * https://www.ft.com/content/7bd1b20a-879b-11e5-90de-f44762bf9896 https://www.ft.com/content/7bd1b20a-879b-11e5-90de-f44762bf9... * https://www.forbes.com/sites/petergeorgescu/2021/07/21/the-shareholders-are-not-the-owners-of-a-corporation/ https://www.forbes.com/sites/petergeorgescu/2021/07/21/the-s...