‘Professional Management’ Is Not a Panacea
Acompany is an entity whose ownership is represented by share capital. Share capital is controlled by many, including the ‘promoters’ who are also the founders, managers and shareholders. When I buy even one share in a company, I become equal to the promoter or manager. That is what we all understand, in theory. Yet, to get some legal rights that can be enforced, or to question the company,...
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