> Those with the least to lose, shareholders, have most of the power.
The shareholders have the most to lose, not the least.
Ontario Teachers' Pension Plan's $100 million stake in your company (for example) is worth a lot more than all of those jobs put together. That's why they have all the power.
Not sure how I should respond to this. On one hand yes that's true. But on the other hand to what extent do the Board of Directors of any of the companies that it invests in respond to the stock holder? The stock holders in that sense are divorced from the running of the company and can't be held to account, because they can't influence the company at all. Their stock managers might be to some extent be liable. Again it's about the amount of power that you have in what the company does that determines your culpability in my opinion.
The shareholders have the most to lose, not the least.
Ontario Teachers' Pension Plan's $100 million stake in your company (for example) is worth a lot more than all of those jobs put together. That's why they have all the power.