If I remember right, first it was XON that I heard complaints about, and now it's NETHERLANDS. . . .
I don't really see what the issue is if a CEO acquires more shares than you have allocated yourself in publicly traded corporations? You still benefit from having enterprises in your country, do you not? If the new CEO moved the enterprise, can you not move or seed another back into your country? Although I haven't tried to nationalize any public or private corporations (but I also hadn't got upset with any CEOs yet), if you were really upset about a CEO operating in your country, don't we have the option to nationalize corporations? Not sure if that works with public corporations, because as I said I haven't tried that [yet anyway]. I assume you would probably have to buy most or all the shares back, but can you not just raise taxes if you really wanted to?? If the corporation leaves as a result, what stops you from starting/bringing in another corporation in it's place then? Isn't it more profitable to start and IPO corporations than actually run corporations?
So basically what I'm saying, can somebody please elaborate as to why people get upset when somebody has gained more shares than you do?? Is it because you lost 'control' of the corporation? Do we not still receive profit transfers from the corporation? The only downside I can think is that, a CEO may either 1. neglect the corporation, or 2. lower profit transfer payments. Of course if you are not happy with how the corporation[s] are being managed, can you not attempt to communicate with the CEO, because apparently he is active if he is purchasing your shares, and thus should be reeachable???? Has anybody tried politely requesting to CEO to release his shares because you would rather maintain control of those particular corporations . . ???
Is everybody's knee jerk reaction to complain to everybody else?? I question whether these 'victims' have even attempted to reach out to the CEOs in question????
Other than that I am unsure why everybody gets so upset about these things ?? If you wanted to protect your corporation, why did you have an IPO AND sell more than 50pc of the shares????? If you're afraid the corporation may be neglected, why don't you sell all your remaining shares and start up several new corporations with the cash received???
What is it that I am missing here . . .??? Perhaps I am completely incorrect in my perspective, so can somebody please enlighten me as to why some CEOs are so hated, by apparently everybody, for gaining controlling shares of publicly traded corporations??? Did you not know you didn't have to sell ALL the shares your country already had in a country-controlled public corporation (if that's how you started it) before you initiated an IPO, thus preventing other CEOs from gaining more shares than your enterprise??? I bet you appreciated that fast cash by selling those shares and allowing yourself to have less than 51pc, but now you're like WHYYY does somebody else think they can have more shares than me by investing in my successful publicly traded corporation???
If maintaining total control of corporations is important to you, why not just have only state or private companies in the first place??
I have lost some control of a few corporation I have founded, but I fail to see the issue as they're still there and am I not still profiting from both my 24pc share, and that they are located in my countries??????
I am assuming the reason is because presidents, rather than CEOs, want to maintain control of employee salaries to have really high, albeit unprofitable [to the corporation] salaries, so that countries receive higher income tax. That is understandable to me. If that is the issue and high employee salaries is your aim, than again I don't understand why you allowed yourself less than 50pc share of the corporation, or made it public in the first place . . . ???
I really must be missing something here, so again I would be happy if somebody explained what it is that I am missing. From my perspective, more CEOs allows for a more decentralized economy, so that if one disappears your entire economy doesn't. If corporations go bankrupt from neglect. . .than start/restart/bring in new ones yourself???
and just a sidenote:
Wouldn't it make sense to just start corporations, IPO them, and then sell all your shares anyway??? In that case, wouldn't it be a good thing if the company was mismanaged and went bankrupt to free up more sims so that you could rinse and repeat????? Isn't that [unfortunately] the proven American path to wealth these days anyway??? If you go by that strategy (not saying you are) and somebody else wants it after you've made your pile and you're done with it, then . . . so what??
and by the way, I'm not endorsing any particular strategies, such as the subject of this thread (purchasing more shares of other CEO's corporations than the founding CEO had). I am merely asking why is everybody getting upset when they find somebody else invested more in a corporation they had already sold the majority of their shares to . . ? ? ? ? ? To be honest, purchasing shares of other CEO's corporations is rather expensive and so I do not see the gain. It seems to me that it is much more lucrative to start a corporation for 50B in a low tax country and IPO it, than spend several 100s of Bs to gain controlling share, so should you not be pleased that your competition is, from my perspective, wasting their cash ???? I have noticed CEOs that gain controlling shares of other CEOs' publicly traded corporations have enterprises with high debt. That's your competition. What's the problem . .?? I noticed XON, for whatever reason, once bought a controlling share of one of my corporations and moved it to another country. That freed up sims for me to begin and IPO another corporation.
and don't get me wrong, I don't do that myself. I start all my corporations. but I'm not going to cry a river like apparently EVERYBODY ELSE does when somebody bought shares I already sold . . ??? To be hoenst I think I am really missing something here, so for the third time please go ahead and explain what I am misunderstanding. If I had not thought of something and I am ignorant of valid reasons to be upset about the activity in question, than I welcome some further reasoning in regards to that.
To summarize all that I have just said here, this is how I interpret these sort of threads I read here: WHHYYYY DID SOMEBODY BUY MY SHARES I SOLD [ON THE PUBLICLY TRADED EXCHANGE]??
and my immediate reaction: LOL