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8 points

There are many corporations structured this way or in a form closer to it the one with a board of directors and a ceo.

Anyone who can’t see how it’s possible is the same mind as those who couldn’t imagine a country without king and lords.

CEO is the king and the board are the lords. For whatever reason leaders loves to implement this hierarchy and the plebs except it. Probably because the later enabled the former.

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-5 points

There are many corporations structured this way or in a form closer to it the one with a board of directors and a ceo.

I assume you mean “in a form closer to it than the one . . . “

What corporations? When you say many do you mean like 10 or like 20,000?

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4 points
0 points

Interesting - Publix is 255k and it says it’s ‘employee owned’. In fact most of the big ones are all Supermarkets for some reason. But it’s an outlier in many ways, the next biggest is 22k, and the vast majority, 88%, are under 10k.

The rest are services (ambulance, call centers, tree services, maintenance) or for some reason architecture and engineering.

There’s no software companies on there that I saw, which I think speaks, at least in part, to the issues I mentioned above about speed of decisions.

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