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Listed co. taking up a controversial project

This topic has 1 reply, 2 voices, and was last updated 2 years ago by Ken Garrett.

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April 3, 2022 at 8:13 am #652572
Noah098
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Sir suppose a company is taking up a controversial project, can the shareholders vote against it?
And if so how does it really happen? Through an Extraordinary General Meeting?
April 3, 2022 at 8:28 pm #652660
Ken Garrett
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Not in general. Directors have pretty much free rental over a company’s managment. Takeovers require shareholders’ approval, however,
If shareholders are really upset they can seek to have directors replaced.
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