How can one say that a company may have autocratic management? – InterviewSolution

1.

How can one say that a company may have autocratic management?

Answer»

Autocratic management:

Although the share-holders or say members are entrusted several powers as per the law but they enjoy only a few of them.
Due to the existence of voting right per share, people having a very large quantity of shares of a company might get associated and dominate the company management. They may use company’s money, assets and secrets for fulfilling their personal desires and goals.

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