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Thats not true. Shareholders have rights beyond future profits. Those rights are governed by the constraints of the environment, and are part and parcel to th
by kasey_junk 2y ago
Thats not true. Shareholders have rights beyond future profits. Those rights are governed by the constraints of the environment, and are part and parcel to the ownership of the shares. Zuck has a large amount of control both because of his ownership percentage and the ownership structure, but even with that amount of control the rights of the shareholders are not something he can change unilaterally.
Changing the incorporation location is absolutely a change to the ownership introduced to the shareholders after they buy into the shares. This is basic property rights stuff, not some sort of fringe theory.