But if the managers" stockholding ratio is more than or equal to 32.88%, the increasement of the managers" stockholding may raise the agent costs and entrench upon external stockholders.
He had been a successful businessman, but as the head of a privately held real estate empire, he'd never suffered a board of directors or oversight of stockholders.
You begin by applying for a corporate charter . And then stockholders hold a meeting to organize the corporation , an individual has limited liablity and the right.