management needs a socially acceptable reason to not distribute the full profits of enterprise to the firms job force
if we grant markets for stocks serve a social useful function
that we have no better way to perform...
still whatever entity can hold a stock oughta be legitimate social functionals
not just idle coupon clippers
endowments for foundations ???
one has to have a market for founders to cash out into ...eh ???
evn if they can't directly hold any other stock they oughta have a way to deversify their "holdings"
away from their own enterprise
founders might be allowed to hold on to equity by cashing in their founder shares and putting the cash in part or in whole into a foundation
that can hold stocks