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by mathraki 2130 days ago
So the government takes a board seat (or two or three) eventually in the company?

There are a lot of rights and some obligations that come with equity ownership in a company beyond financial return.

3 comments

This makes me think of China, where the government forces board seats in many companies.
That seems like another strawman; e.g. I said it could be warrants for this reason.

There's lots of examples of financial ownership without the holder of the return running the business. Whether it's a state or an ex-spouse.

In Germany unions have board seats by law. Doesn't seem to be stopping the executives at Siemens and Krupp from their corporate aspirations.