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| A "leadership crisis"? A "failed system"? Here is an alternative - A stock market regulation aligned with the following six points to benefit customers, which are "peer owners" over parts of the sellers, which are companies in that market. | ||
| T r a n s l a t i o n s | ||
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“ComCom” (a Common Company or a ComComized unit) is a co-ownership company, where each of its owners is either a peer (co-owner) or an ordinary owner and where the type of any comcom is one of these 3 later defined: Scomcom(Static-ComCom), Icomcom(Indi-ComCom) or Dcomcom (Dynamic-ComCom) - Here are the 6 points explaining what is a ComCom:
- 1 Tradability: Based on a contract, the ability to trade the share like shareholders having equal number shares, as each of the holders is able to sell the share while the price reflects the value of the whole unit, able doing it at any time, but doing it only in a restrained transference and price, as the sell could be payed in lets, in ces, in national currency or in direct exchange for good/s and/or service/s, where
- the transference is a restrained transference: where the seller first try selling the share to the group, and on the group's refusal, except in the case of Icomcom, to others, and where the entrance of the new member is matching to the criteria established by the group and
- the price is a restrained price: where the value of the peers' coin, being the value of the package of shares held each peer, can be changed only in the range between the current value +- "Individual's Exit Power" times half the current value divided by the number of the peers,
- where "Individual's Exit Power" is a constant, which is unchangeable in the comcom's lifetime, of which default equals 1.
- 2 Recursive nature of the contract: Why? So that this agreement would be stronger than any player in the unit or any player entering it, making it a bad pill to swallow for the big ones. Buyers of any of its shares must agree with all the points establishing any ComComized unit, where these points are unchangeable and prior to any other agreement about the unit.
- 3 Coherent Layering: Layering Why? This allows to get organized in small units (in which the peers are able to know each others) as the units own bigger ones, for increasing the power of individuals in their units, even when letting the individuals move between the smaller units while still maintaining the unity of the bigger ones. Note the asymmetry favoring the comcoms over non comcom. Coherent How? mapped into a "trees" in which child is as owner of the parent as the child's assets. Coherent Why? For maintaining equality thorough all the layers of ownership - example given: such that when me and you are peer owners of unit "A" and me and her are peer owners in unit "B", then the units "A" and "B" cannot be peer owners in any other comcom Each peer owner is either a person or a ComComized unit and has exactly equal number of shares as any other peer owner of the same unit,
- where each ordinary owner of Scomcom is either a person or a legal body other than comcom and
- where, per each unit and directly or indirectly, holding more than one position is forbidden.
- 4 The d: The d, standing for the Decentralization property of the unit, reflects the ratio held by the peers. Why? When the comcom is Scomcom and its d is smaller than one, for making partnership with non comcoms but without been able to be takeover or to be squeezed for reducing the d, by such partners. Added together, all the peers own the whole unit or only a portion of it, as the ratio of the peers' portion is d (and hence d*100 is the percentage),
- where the rest of the unit (if any) is owned by all its ordinary (non-peer) owners and
- where the ratio d of any Scomcomized unit is defined only once in the creation of the unit;
- hence d * i = c * n (d times i equals c times n), where
- d (as in Decentralization ) is the ratio of the portion held by all the peer owners
- i is the number of Issued shares
- c is the Counter of peers (amount of all peers) and
- n is the number of shares per each peer owner.
- 5 Peers' autonomy: Why? When d is smaller than one, for not been squeezed for increasing the number of the peer while reducing their share in the unit. The number of peers holding it and regardless the value of d must be agreed among the peers independently.
- 6 Flexibility of the d: Why?. In the Icomcomized or Dcomcomized units, the number of its memebrs is as the number of all its shares and the number of shares per each peer owner is always less than, or equal to, one and is defined by the peers autonomously,
- where each ordinary owner can only be a comcom of which peer owners are members in the held unit and which is
- either of the same type of the held unit
- or is a Scomcom of which d equals one,
- where any member can always switch back to become a peer owner in the held unit and
- where selling shares of an Icomcom can only be to its members as a collective, as its representation is defined by their autonomy and so that only as collective they can sell the share to a new becoming member in it.
- where each ordinary owner can only be a comcom of which peer owners are members in the held unit and which is
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