Chapter 4343

She knew that she should really be tougher and uphold her authority as the head of the family especially now. It was just that she was fighting against the entire board of directors alone, which made her feel more or less nervous and uneasy. She did not know exactly where to start. At this time, Charlie spoke up and said, “In my impression, shares and voting rights are in equal proportions. If one person holds 10% of shares, he would have 10% voting rights, and if one person holds more than 51% of the shares, his voting rights would also be 51%. In theory, he would be the majority shareholder with absolute control, then. Am I right?” Kathleen hurriedly said, “Yes, Mr. Wade, that’s right.” Charlie added, “But for many large groups, due to the large number of businesses, many shareholders, and also the public offering of shares, the dilution of equity is great, and in many large groups, the single largest shareholder might only be holding 20% to 30% of the shares, right?” “That’s ri