3 ms·
Realistically though aren't most shareholders of major corporations either "silent" or other corporations? Major fines etc. should already impact them through l
by pqtyw 1y ago
Realistically though aren't most shareholders of major corporations either "silent" or other corporations? Major fines etc. should already impact them through lowering the value of their shares.
Going after executives might be a lot more viable, though. Generally they have much more direct power than major shareholders (since "sell" is usually the only option they have)
- abdullahkhalids 1y agoThe value of shares is presumably supposed to reflect the future earning potential of a company. Are fines ever imposed to an extent that they significantly impact that future earning potential? I wonder if someone has studied this formally and quantitatively.
- jmalicki 1y agoOops replied to the parent
- jmalicki 1y agoPiercing the veil is most relevant in bankruptcy where the share price is already 0 (and would be negative if not for limited liability)