Also, which shareholders? Shareholders have no say in the business decisions outside of the annual voting for board members and whatever broad issues are brought up for a vote. If someone holds stock and then sells it before a vote, are they responsible for the business decisions? If a swing trader bought and then sold in one day/week/month (even at a loss), how much is their liability? If someone sells their shares just before a vote, then buys them again after, are they liable?
Also, which shareholders? Shareholders have no say in the business decisions outside of the annual voting for board members and whatever broad issues are brought up for a vote. If someone holds stock and then sells it before a vote, are they responsible for the business decisions? If a swing trader bought and then sold in one day/week/month (even at a loss), how much is their liability? If someone sells their shares just before a vote, then buys them again after, are they liable?