The shareholder's could do this at the annual shareholder's meeting or at a special session if notified with an adequate lead time to vote one's shares via the internet.
2006-07-08 06:25:52 · 4 answers · asked by Anonymous in Business & Finance ➔ Corporations
Shareholders, as owners of the company, have limited say in what can and cannot be done. For example, they get to vote on the board of director members and other "major issues."
But they do NOT get a say on employee salaries. This is an "internal matter," decided by the corporate officers. Now shareholders can complain about this during shareholder meetings, but they cannot set the pay scale.
The question of whether or not they should actually have a say is another issue, but for now, they don't.
2006-07-09 04:50:32 · answer #1 · answered by msoexpert 6 · 0⤊ 0⤋
This a good question but the answer is in the protspectus of the company you buy shares of stock in. Most companies... have a board of directors to handle how the CEO gets paid and the stockholders elect or choose the board of directors or vote on them and the CEO.
This is done via mail and over the internet. this is done once a year usually at the board of directors meeting.
2006-07-08 13:34:34 · answer #2 · answered by NIck N 5 · 0⤊ 0⤋
No.
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2006-07-08 22:54:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The can vote on that. They can even be CEO's
2006-07-08 13:32:37 · answer #4 · answered by Tito 1 · 0⤊ 0⤋