How much influence can shareholders have over management?
Posted on Monday, December 21st, 2009 at 4:11 am
Shareholders of large corporations often feel removed from the management decisions. However, some shareholders who own a large percentage of shares may try to influence shareholder decisions in selfish ways that are not beneficial for the company as a whole.
When shareholders attempt to influence decisions in fraudulent ways, then the shareholder and members of the company may be charged with fraud. These cases of fraud often include illegal accounting or financial decisions, which divert company resources to private parties.
If your company has been harmed by fraud, contact the Des Moines business fraud lawyers of LaMarca Law Group, P.C., at (877) 327-2600.