• driving_crooner@lemmy.eco.br
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    8 months ago

    A company can be family owned and being public at the same time. I work in one, just happen that the family who owns it have a controlled majority of the shares.

    • TheFriendlyDickhead@lemm.ee
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      8 months ago

      So they still are in control what happens. The rest of the shareholders are just along for the ride and collect a bit of money