Now understandably the janitor has provided a lot less capital than deeply invested shareholder, so their votes are uniformly weighted according to their share of ownership.
I'm guessing the engineer might own about 1/10,000,000th or so of the company if she has a healthy 401K. So as long as she can convince 10,000 or so other employees and 49.91% of the rest of shareholders to go along...
Wait, what? How would this work? Who would take a Google bid seriously if, after awarding them the contract, they turn around and have to ask the employee population for permission to proceed?
The big issue I see with a lot of discussion around this issue is not a lot of thought is put into the practicality of running a large business concern. Stuff that works when it's two guys and a server does not (can not) fly when you have a large group of people to manage.
While they're at it, they should stop bending (and probably breaking) export controls regarding China, and stop doing immoral DoD and ICE projects.
And heck, why not implement a process by which all private contracts are approved by a company-wide vote? Including the guy that sweeps the floor. Oh, afraid that employees will leak the details of the project? There's always NDAs, but if you are so concerned about leaks, maybe that's not a project you should be doing then.