Why General Motors Thinks U.S. Auto Sales Haven't Peaked. U.S. auto sales hit record levels last year. GM's chief financial officer argues that 2015 wasn't a peak, but rather the beginning of a plateau, with a few more years of good sales yet to come. Here's his case. Feb 7, 2016 at 8:05AM.
The potential for shareholder oppression arguably increased when corporate law was changed to eliminate the common law right of minority shareholders to veto fundamental corporate changes such as mergers.n the United Kingdom, the Companies Act 2006 governs remedies for minority shareholder oppression. Contractual protections, such as buyout provisions in a shareholder agreement, have been cited as a potential alternative to statutory protections of minority shareholders.
Net result: I, as the majority shareholder, have the power to elect the entire board of directors. You, as the minority shareholder, have no power at all. Some might legitimately wonder why I should get a 100% say when I only own 60% of the company. Cumulative voting solves this perceived unfairness.