ImJustBayuum said:
Kasz216 said:
richardhutnik said:
In a corporation, the holders of stock have no say in how the company is run. They are silent investors, who merely are involved in the electing of officers, if that. Because they don't have a say in how a company is run, they are sheltered from personal liability. This is different than other associations type arrangements.
In regards to corporate personhood, this has a long history, and involves things the founding fathers never intended. Wikipedia goes into details here:
http://en.wikipedia.org/wiki/Corporate_personhood
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No... if you own stock you do have a say in how the company is run.
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Shareholders have limited rights. They can elect/remove directors but the director(s) as far as I'm aware can do anything and is limited only by the company's constitution and law of the land.
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Which is called common sense. Part ownership = part control. You vote for a board that follows your interests.
And if the director does anything the shaerholders don't like, they can remove them. Hence the power there.
