3 ms·

What if the CEO is wrong about something?

• shye 5mo ago
  That's on the company owners[1], as represented by its board. --- [1] Companies like Meta actually has two types of ownership: ownership of the company's current assets (economic equity), which is not the same as ownership of control in the company's decision making (voting power). The owners I reference here are the second category of ownership. In the example of Meta, a quick search suggests Zuckerberg holds about 61% of the voting power.