4 ms·
You can write all kinds of things in the articles of association/incorporation of a company. There's certain legal requirements but you can set up how the contr
by rcxdude 3y ago
You can write all kinds of things in the articles of association/incorporation of a company. There's certain legal requirements but you can set up how the control of it works in many different ways to suit the purposes of the company or the desires of the founder/board. It's just a case of whether any investors will be happy to go along with what you're offering them inside those rules, since usually some degree of formal influence is expected (but not always, see how the tech giants are all generally quite immune from hostile takeover).