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by pmyteh 1464 days ago
The shares give you a claim on the profits. The rules are a combination of the corporate bylaws and the law. The latter does not let owners set all the rules: it imposes health and safety restrictions, taxes, and (yes!) unionisation rules.

The people who make the laws get to set all the rules. The shares are valuable anyway, because an economic interest in a profit making entity is valuable whether you have perfect control or not.