this post was submitted on 25 Jul 2024
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General Discussion
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So I get the idea that companies shouldn't be slaves to shareholders or the whims of a few people, but would the employees owning the company mean they are shouldering financial risk? Like if my company goes bankrupt I just lose my job, I am not responsible for covering their losses.
There would still be limited liability. Furthermore, they can share risks with investors, and self-insure against risk as well @general
Insurance FTW; investors defeat the whole purpose.
Why do investors defeat the whole purpose? @general
Do investors not own part of the company? They can hold the company hostage in exchange for their capital, even if they can't vote.
btw you seem to be outputting
[@general](https://lemmy.world/c/general)at the bottom of your posts.Can you give an example in the case where investors hold non-voting preferred shares?
I'm not sure how cross posting works from Mastodon to Lemmy. I thought I had to do that to get boosted by the group