• driving_crooner@lemmy.eco.br
    link
    fedilink
    arrow-up
    14
    ·
    1 year 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
      link
      fedilink
      arrow-up
      3
      ·
      1 year 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