| Kasz216 said: That's what I said. Of course you need half the shareholders to remove someone... that's common sense, if anyone who owned .00001% of a company had 100% control it'd be pure anarchy. Richard said that stocholders have no say in how a company runs, which is patently false. Shareholders can vote for directors who fufill their self interests. If these directors go against the majrority that voted for them, they are then removed. Stockholders have plenty of say in how a company runs. Espiecally if they own a lot of stock. |
Most shareholders only own a small portion of company shares. Their say really depends on other shareholders hence why i emphasise LIMITED power. I was just putting things into perspective and how richard is not too far off with his Shareholders have no power notion.
