Sejm Shareholding System

The Sejm Shareholding System, or S3, is an incentivized antitrust system made by the Florin Council on 7 February 2020, meant to reduce oligarchical control of the Shilling Stock Market. It rewards companies with their stock every Monday, in exchange for the possibility of shareholder takeover of said companies. It is opt-in, though this may change in the future.

Etymology
The Sejm was the council of nobles in medieval Poland which elected the King. The system here is mainly based on the one from Europa Universalis 4, in which other countries can invest in getting their own noble on the Polish throne in the game.

How It Works
If a company opts into the S3, they are entitled to 5 times their stock price in cash every Monday, which both incentivizes the program as well as for the companies to do better. In exchange however, they are vulnerable to shareholder takeover through leadership elections.

The company as a whole starts out with 10 votes for the leader. In the case that the company has permanent employees aside from the CEO, the CEO has the 10 votes and employees are forbidden from taking part in the leadership election, even if they have stock. Every stock purchased for shareholders is 1 vote for choosing the leader, whereas for the CEO, it is double the stock price for 1 vote. In practice though, the CEO is forbidden from buying their own stock, which is planned to be changed.

A leadership election can take once per day per company. Shareholders may choose among themselves for the new leader of the company; the shareholders need not agree on a single candidate, and they may vote for the current CEO. If the CEO wins the leadership election, nothing happens. If a different candidate wins though, the winning candidate loses their votes, all votes belonging to the previous CEO go to them, and the previous CEO loses their votes. Other shareholders are not affected.

Page-Brin S3
A special type of S3, called Page-Brin S3, was created for use by the Florin Council when Proposition 1 of the First Emancipation passed. Rather than having the entire company pass from person to person, 4 seats out of 5 in the Board of Directors of the company goes to the top shareholders, and the 5th seat is permanently held by the current CEO. Each member of the Board of Directors has equal say, and major company decisions can be voted upon. This was made to prevent the Florin Council from completely passing into others' hands.

Members

 * Jones Incorporated
 * Life's Bad Incorporated