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throw9away6 | 2 years ago

The concept of a voting shareholder is a myth. Most shares are owned/managed by funds so they are the true voters. They just vote to make sure the that the boat isn’t rocked too much.

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anticensor|2 years ago

Even in those cases, there are eventual beneficial owners which are indeed real natural persons.

throw9away6|2 years ago

The modern system favors executives as opposed to owners. The executive class has figured out how to extract a significant chuck from to owners share for their own coffers.