Kirkland perhaps you would care to explain...

[killersheep]

Stock holders can vote too buddy

Doesn't do you any good if the CEO is the majority share holder.

[El Kabong]

Doesn't do you any good if the CEO is the majority share holder.

Which is the case how often?

[killersheep]

Doesn't do you any good if the CEO is the majority share holder.

Which is the case how often?

This is not easily accessable public information, Ken Lewis of Bank of America is an example, Steve Jobs of Apple is another. It is very common practice for an investment company to control the board, in a perfect world the board would contain equal members internally from the company, external experts and members that represent the investment firms. I am not about to go through the SEC filings of the S&P 500 and compare the investment firms that own majority shares and crossreference who's on the board and who's in the investment company.
Common sense right? the stakeholders that have the most to gain in terms of ownership have a say in the running of the business.