If someone own the most shares (e.g. 51%) in a corporation, who then is really responsible for the?

Question

success of the companies under that corporation(including the corporation), is it the owner with the most shares?

Answer 1

The shareholders own the company, but they do not run the company. It is the people who run the company operations, from the board of directors who select the top officers of the company (the CEO, etc.), to the top officers who guide the direction of the company, to the lesser officers who handle the day to day operations of the company, on down to the line employees who is responsible for the success of a company. The shareholders do have the say in who is in the board of directors.

Every single person will either win or lose based on the success of the company. The jobs of the employees and company officers, and future pay raises, bonuses, stock options, and other incentive compensation, are directly dependent on the success of a company. Since board members are typically shareholders in the company, and many will also be awarded with stock options, the success of the company will directly affect their personal wealth.

Answer 2

The corporation is responsible for its own success. The shareholders reap the benefits/losses that are incurred by the corp.

Answer 3

I do not see how ownership and the success of a company is necessarily related