How is a Republic that is not a Democracy, not dictatorial in nature?

[richardhutnik]

Kasz216 said:

ImJustBayuum said:

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.

Shareholders essentially hold all the power in a company.  It's just divided by what percentage of the company you own... which is just sensible.

He was suggesting no shareholders anywhere hold anypower over a company.

It is VERY limited.  Usually someone who has any chance to have power will buy up a large enough chunk of stock in a company to enable themselves to be voted into head of the corporation, if they want to have change.  Beyond do this, a company will end up hiring and firing the members of the board, based on what the market price of the stock is.  People can dump stock, which is primarily all they can do.

It is very different in a privately held company where the owner is also the one running the company.  The owner then ends up making the decisions.  In the case of a sole proprietorship, they are also legally liable for what the business they own does.

On a corporate level, with a large number of shareholders, do you believe that they really focus on how a company is run, and the decisions the make or do they sell the stock and move on?  For the average investor, their concern is maximizing returns on investments, not operating a company, so they primarily dump stock in a company if they feel it is overvalued.  In the American financial markets, this approach has led to very short sighted decision making my American corporations, who look to maximize quarterly results.   Jobs with Apple was a notable exception to the rule in what he did, because he saw farther, and did innovate.  Other corporations aren't like that.  They are merely revenue producing machines without any vision of the future at all.  You can see how Universal has handled the Start Trek IP as an example of this.