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If a majority sharehold holds a manager position and is found to be incompentent do the shareholder have the right to fire him from the position?
Wiki User
∙ 16y ago
Yes, if "capacity" refers to the shareholder's ability to obtain information, consultation, and to determine which way he or she will vote. That is, the capacity to make a decision should not depend upon number of shares.
Obviously, a majority shareholder has greater "voting power", because most corporations allocate votes according to number of shares of a particular class of stock.
Wiki User
∙ 16y ago
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What is a beneficial Shareholder?
You are a Beneficial Shareholder if you maintain your position in the Company within a brokerage account.
Who has the most powerful position in the senate?
Majority Leader
Is it ethical for a person on an organization board of directors to also be a shareholder of that organization?
Yes, it is ethical for a person on an organization's board of directors to also be a shareholder of that organization. In most small corporations, all of the directors are also shareholders. The directors, under corporate law, are managing the organization on behalf of the shareholders (and sometimes other stake holders). Who is in a better position to represent the interests of the shareholders other than a shareholder?
What is the legislative position held by an important party member who is chosen by the majority party in caucus or conference?
Majority Floor Leader
When did Oliver take over Pandora?
He took over in November 2010, as the companies executive director after becoming a shareholder. He currently maintains a board position even at a young age.
What feature of position of speaker of the house makes it a more powerful position than that of president of the senate?
the president of the senate is not a member of the majority party
Who owns the company Texas Instruments?
Texas Instruments is a publicly-traded corporation. It is owned by millions of shareholders, either directly or through mutual funds. Many companies are publicly traded. In each case, there are majority shareholders, often the company itself, so-called 'parent' companies, or corporations that have deliberately set out to purchase a majority of shares for various reasons having to do with profitability. When a company starts out, the majority shareholders are the founders of the company. Then, when the company goes public, the founders usually retain a very strong position in the company, with strong blocks of voting shares and/or preferred shares that pay interest or a dividend. At any time, other wealthy individuals or companies may purchase large numbers of shares in order to gain a majority vote that does not depend upon proxy voting in shareholders' meetings. In almost every case, there remains a majority shareholder, holding the decision-making balance of votes and hence control over and the largest profit share of a publicly traded company. When this occurs, the majority shareholder is regarded as the company's majority owner, even though each holder of a single share owns a little piece of the company. Perhaps the question may be re-worded to avoid confusion by asking, "Who or what owns the majority of shares in Texas Instruments?"
Who is the Majority Whip of the Senate?
Since the democrats still hold a slight majority, Richard Durbin will most likely retain the position for another term.
How do you get the position of president pro tempore?
You become the member of the party in senate with the majority and have the longest service in the senate
Which was a result of apartheid ?
The black majority was kept in an inferior position - Apex
What are the responsibilities of the house majority whip?
The House majority whip is basically the third highest ranking position in the house, behind the speaker and the majority leader. The house majority whip is a member of the majority party and is responsible for trying to unite his party and get party members to vote with the party.
This person's main job is to steer the party's bills through the Senate?
Majority leader. This role is a partisan position, although the majority leader also serves as the chief spokesperson for the leading party. As of 2014, Harry Reid of Nevada serves as the Senate Majority Leader. He is a Democrat.
