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blankseplocked Legitmate Corporate Take-over
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Posted - 2011.06.29 03:52:00 - [1]

Alright, so I believe there needs to be a means for legitimately taking over a corporation. In many real-life corps there is a board of directors, but our corps only have directors, no board. If there is a corp who's members have no confidence in it's top tier management, there should be a means for removing that person or people. In my case, a toon of mine founded a corp, passed on leadership yet remained a member when I had to step away, and now everyone that remains no longer plays. While not necessary, I WOULD like to have my corp back but I have no means of ever doing so.

So, I would suggest the following - that a corp have one of two options available for affecting corporate takeover.

Arrow The first option, if membership is lacking, is the ability for membership to vote in/out top tier management. A percentage (75%, maybe) of active (play within the last 3 mos) membership voting yes would be necessary for any action to occur. Only one vote of dismissal could take place in any 6 mos period to reduce the possibility of vindictive actions or retribution and to reduce needless turnover.

Arrow The second option is for creating a board of directors to handle the hiring and firing of top tier management. The board of directors could be comprised of 7 or 9 members and would require only a simple majority to enable an action. The board of directors would serve without term limits themselves but would lose their position if not active in play within 45 days. The board of directors could also assign any top tier management positions on a contractual basis with specific goals that need to be fulfilled before the end of the contract term.

Anyhow, I kinda threw this together, so I don't expect it to be perfect. But, I do believe in it.

The first option is what current corps would default to with the ability of switching to the second option should this be adopted.

Herping yourDerp
Posted - 2011.06.29 04:22:00 - [2]

u can elect a board in game in reality if you have 51% of shares you own the corp and can take it over anyways


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