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Collectively, yes. That is to say that while the purchase of one share does give you rights and a say, it is but one say out of all the shareholders out there.

Typically, a person must be carrying 5% of the shares to be regarded as having a substantive "voice" in running the affairs of the company.

Bear in mind, too, that the day to day affairs are run by the management, responsible to the board, and that the shareholders are only voting on Board membership, or perhaps only the CEO who appoints the board, depending on the organization of the company.

If the majority of the shareholders - 51% - are unsatisfied, changes will be made. But if you carrying 49% are unhappy, and everyone else happy, then you will not see automatic change.

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Q: Are shareholders in charge of large corporations?
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