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Since the majority shareholder(s) can decide to replace the board of directors, it’s not the board of directors who holds the (ultimate) power, it’s the majorit
by jsjohnst 5mo ago
Since the majority shareholder(s) can decide to replace the board of directors, it’s not the board of directors who holds the (ultimate) power, it’s the majority shareholder(s).
- dbdr 5mo agoIndeed, and there we reached the end of the chain.