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slypie11
Planetary Response Organisation
165
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Posted - 2013.04.20 18:33:00 -
[1] - Quote
No. The CEO will continue to be the CEO until a certain number of shareholders vote otherwise. There would have to be 25 votes to kick the CEO out. 1% of the company would equal one vote. |
slypie11
Planetary Response Organisation
165
|
Posted - 2013.04.20 19:17:00 -
[2] - Quote
Cat Merc wrote:slypie11 wrote:No. The CEO will continue to be the CEO until a certain number of shareholders vote otherwise. There would have to be 25 votes to kick the CEO out. 1% of the company would equal one vote. And why is that way better? They're both valid.
The way you stated it, it sounded as if one person could just vote the CEO out. As if someone who bought 0.1% of the company could now do whatever he wanted with the leadership. |
slypie11
Planetary Response Organisation
165
|
Posted - 2013.04.20 20:16:00 -
[3] - Quote
Cat Merc wrote:slypie11 wrote:Cat Merc wrote:slypie11 wrote:No. The CEO will continue to be the CEO until a certain number of shareholders vote otherwise. There would have to be 25 votes to kick the CEO out. 1% of the company would equal one vote. And why is that way better? They're both valid. The way you stated it, it sounded as if one person could just vote the CEO out. As if someone who bought 0.1% of the company could now do whatever he wanted with the leadership. If the shareholders want their investment to die they can pick a nobody. They own you if you go to the stock market, they can do whatever.
On the contrary, a shareholder does not own the corp, only a small percentage, unless they buy many, many shares. Depending on how many shares there are on the market, and how much the corp is giving in terms of company ownership, one share could equal as little as 0.001% of the company. This means that someone with one share would have a very small in how the company is run, almost nothing. So some newberry who decides to buy one stock shouldn't be able to wreck an entire corp |
slypie11
Planetary Response Organisation
166
|
Posted - 2013.04.20 22:03:00 -
[4] - Quote
slypie11 wrote:Cat Merc wrote:slypie11 wrote:Cat Merc wrote:slypie11 wrote:No. The CEO will continue to be the CEO until a certain number of shareholders vote otherwise. There would have to be 25 votes to kick the CEO out. 1% of the company would equal one vote. And why is that way better? They're both valid. The way you stated it, it sounded as if one person could just vote the CEO out. As if someone who bought 0.1% of the company could now do whatever he wanted with the leadership. If the shareholders want their investment to die they can pick a nobody. They own you if you go to the stock market, they can do whatever. On the contrary, a shareholder does not own the corp, only a small percentage, unless they buy many, many shares. Depending on how many shares there are on the market, and how much the corp is giving in terms of company ownership, one share could equal as little as 0.001% of the company. This means that someone with one share would have a very small in how the company is run, almost nothing. So some newberry who decides to buy one stock shouldn't be able to wreck an entire corp
exactly. The CEO should be doing something very wrong in order for him to be demoted, unless another corp is issuing a hostile takeover. |
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