Nationalize Public Corporations
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Simcountry is an Online Digital World where you are the President of a country. |
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Detailed Description:
I believe there should be a way for a country to force nationalize an enterprise controlled public corporation. Currently the only way to gain control of a public corporation is to own the majority of shares. If the enterprise owns over 50% of their shares they will always control the corporation no matter what. The owner of the country can not do anything about a public corporation they do not want in their country besides raise tax and buy the shares that they can. There should be an option to force buy ALL shares from all shareholders and force the corporation in their state control. Obviously paying extra for compensation. This is a way for people to protect themselves from enterprises being able to do what they want without concern of the country owner and a way to take control of public corporations owned by inactive enterprises that won't sell their shares.
12 gamers voted for the proposal.
2 gamers voted against the proposal.
The proposal has been ACCEPTED.
W3Creative reaction:
Like in the real world, there is a way to purchase the shares. If you make an offer to purchase the shares, the price will increase until share owners sell them. In nearly all cases, many share are owned by investment funds and they hold them for dividends or to make a profit by selling them at a higher price.
Investment funds automatically start selling the shares if the value is high enough and they make a good profit.
In some cases, very few, the shares may be in the hands of an active player who may want to keep them whatever you do.
In nearly all cases however, if you just place buy orders, you will be able to purchase enough shares to have a very high percentage of the shares.
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