“The largest shareholder, Pioneer Group, holds only about seven percent of the shares.”
Charlie said, “So in this case, it is necessary to implement the system of AB shares,”
“Take away the voting rights of other shareholders without depriving them of their shares,”
“Even if you can’t achieve an absolute holding of more than 51%,”
“You should at least aim at taking more than 51% of the voting rights in your hands,”
“Only then can you ensure that others can’t shake your foundation. “
Saying that Charlie added:
“You have to remember, today, is the day those shareholders are most afraid of you,”
“No matter if you let them pay the price today, after today,”
“Their fear of you will be dissipated, so you must seize the opportunity.”
When Stella heard this, the whole person was enlightened.
Charlie was right, the current board members were definitely all like suspects.
Who had committed a crime and were waiting for sentencing.
They were all ready to receive punishment themselves,
And if she didn’t take this opportunity to suppress them for a wave,
Then they would create a feeling of impunity after today.
In that case, they would only become more arrogant.
Thinking of this, she immediately said to Charlie:
“Mr. Wade, thank you for your reminder, I understand,”
“Later I will convene a board meeting and ask all board members to surrender,”
“All the voting rights corresponding to their own shareholdings!”
Charlie smiled with satisfaction, “Then I’ll wait for your good news.”
Just then, one of the group’s public relations managers walked over in stride and said to Stella,
“Chairperson, Inspector Duncan Li from the NYPD is here, he said he has something important to ask you.”
Stella frowned and said, “He should be here for the matter of Randal,”
“Let you take care of this matter with him, I have other matters, so I won’t meet with him.”
The PR manager immediately nodded and said, “Okay, then I’ll go communicate with him.”
Stella was about to speak when she heard Charlie on the phone speak,
“Miss Fei, since Duncan ran over to you, then you might as well meet him and see what he really wants.”
“Okay!” Stella immediately agreed and said to the PR manager, “Let Inspector Li in.”
Charlie spoke at this time, “Miss Fei, you don’t have to hang up, I want to hear what he wants to do.”
“Okay, Mr. Wade,” Stella said and put the phone into her pocket.
A few moments later, Duncan walked in with big steps.
After he saw Stella, he asked straight to the point:
“Miss Fei, where is the Miss Ruoli Su who came to New York with you?”
“I have something to ask her face to face!”
FAQ Novel
Q: How does Charlie suggest Stella secure her control despite diluted equity?
A: Charlie advises Stella to focus on consolidating voting rights, potentially through systems like AB shares, to ensure she holds more than 51% of the voting power, regardless of share dilution.
Q: Why is the current moment critical for Stella to assert her authority?
A: Charlie emphasizes that the present is when the board members are most apprehensive, making it the perfect opportunity for Stella to establish her leadership decisively before their fear dissipates.
Q: What is the distinction between shares and voting rights highlighted in the chapter?
A: The chapter explains that while shares and voting rights often correspond, large corporations with many shareholders might use systems like AB shares to give founders or key leaders greater voting power than their equity stake, ensuring control.
Share your insights on the delicate balance of power and leadership in high-stakes corporate environments in the comments below!