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Re: Ha Ha! Better sell your CN stock now!
Author: Reality
Date: 07-30-2021 - 23:07
And Hunter Harrison. Oh, wait . . .
Large shareholders have considerable control and influence when they want. Go ask Canadian Pacific about that - Hunter Harrison was installed as their President after a shareholder with a significant but still minority position forced the issue.
Ownership definitions as you are referencing are legal definitions developed by British common law traditions to shield a company’s shareholders from liability. I doubt the company would behave differently if their head office were in New York, Dallas, or LA.
Large shareholders have considerable control and influence when they want. Go ask Canadian Pacific about that - Hunter Harrison was installed as their President after a shareholder with a significant but still minority position forced the issue.
Ownership definitions as you are referencing are legal definitions developed by British common law traditions to shield a company’s shareholders from liability. I doubt the company would behave differently if their head office were in New York, Dallas, or LA.
