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If we did have that proper balances between directors and shareholders, shareholders can remove directors if they dont like them. Directors control the company. If
If we did have that proper balances between directors and shareholders, shareholders can remove directors if they dont like them. Directors control the company. If that is nicely? Imbalance, that still means the minorities are at risk. If you invest in large listed company, if you dont like the direction the boarders go you simply sell your shares. Your shares are very liquid. But if your in a SME shares are not liquid. They are very hard to get rid off. You can be put in a situation where things are being dumb which are perhaps not just i dont like what ur doing, but ur actual prejudicing me. Your doing smtg bad faith and unfair and in that situation can i get some kind of remedy out of the court. The other thing too we got this mix of shareholders and directors is the directors can misbehave the shareholders can approve it. This leaves minorities in the cold with no obvious remedies. explain thi s
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