Since the majority shareholder(s) can decide to replace the board of directors, ...

jsjohnst 3 months ago | parent | context | favorite | on: Small models also found the vulnerabilities that M...

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 3 months ago [–]

Indeed, and there we reached the end of the chain.