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[Succession/Marvel] How come Logan Roy can’t be ‘fired,’ but Norman Osborne was fired from his company in Spider-Man 1? (sopuli.xyz)

submitted 1 week ago by PixelNomad@sopuli.xyz to c/asksciencefiction@lemmy.world

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In the show Succession, it seems Logan Roy can’t be fired from Waystar Royco—in fact, he straight up fired half his board in Season 1. But in Spider-Man 1, Norman Osborn was fired from his own company by his board, and they even sold the company without telling him. What’s the difference between these two?

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[–] folkrav@lemmy.ca 2 points 1 week ago

I haven't watched Succession, but I suspect Logan Roy is the majority shareholder. If you hold 51% of a company's voting shares, you effectively can do what the fuck you want with it, board or not. By the time Osborn loses his company, he's not a majority shareholder anymore, and the rest of the board controls enough of it combined to oust him.