Owners/founders can be minority stockholders in a corporation but never lose their final authority or control over business decisions because they are the owners.

Question

Quizplus · Accepted Answer

Owners/founders can become minority stockholders if they sell enough of their shares, and if they do not retain a controlling interest, they can lose final authority or control over business decisions to the majority shareholders.

Owners/founders Can Be Minority Stockholders in a Corporation but Never