At their last meeting , the stockholders voted unanimously to block the merger of our company with Blycore . All the executive committee was in favor of the merger ... I don't understand how the stockholders could have so much power to throw a wrench in the plans ...   If they all unite on a certain issue , it's the stockholders who have the final say . You'd think it might be our CEO or the workers , but in fact , the stockholders control the money so they have the most power .   Is it really that simple ? It doesn't seem very efficient to run things that way ...   It might not be the most efficient , but if you think about it , it makes pretty good sense . The stockholders are our investors . They own the capital in our company , so they should have say about what is done with the company . 