Managing Public Corporations
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Managing Public Corporations
Public corporations may have many shareholders. The corporation is managed by the largest shareholder provided it is not an investment fund. It is the largest (player) share owner, either a country or an enterprise. Investment funds may become large shareholders in corporations but they never manage them.
Managing the corporation means that the corporation will appear on the list of public corporations you have. With 51% of the shares, undoubtedly you will be the largest shareholder and manage the corporation. However, if 20 investment funds together hold 85% of the shares, you may be the major shareholder with only 15% of the shares and manage it.
If another user succeeds in purchasing more shares and becomes a larger shareholder, the corporation will disappear from your list and surface on the list of the new major shareholder.
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