Ah, so is that some legal process or does it happen within the company internally? There would have to be some independent arbiter, right? Otherwise they could just make something up to kick you out if they so choose to.
Thanks for the response! I saw another comment that was also interesting. Assuming 1 share is 1 vote, would you still be able to loose your position/title in the company? If so, how?
OrdinarilyAliveHuman OP t1_iybzmf2 wrote
Reply to comment by WeDriftEternal in ELI5: If a company is public and a person owns 75% of the shares, can they be kicked out/fired by other board members? by OrdinarilyAliveHuman
Ah, so is that some legal process or does it happen within the company internally? There would have to be some independent arbiter, right? Otherwise they could just make something up to kick you out if they so choose to.