CEO's share ownership29 Jun 2021 17:08
What's the view on a stock where the CEO owns the vast majority of the shares?
Would other share holders have any saying in decision making or even voting for the appointment of another CEO, if that makes sense? Could the major share holder, the CEO, arbitrary decide on the matter of, let's say, the delisting of the company from the stock exchange, without approval from other share holders?
I apologise in advance if my question is stupid or doesn't make much sense.
Thank you
A