Why are corporate shareholder votes non-binding?

Question

Apparently, if shareholders vote for something, be it board members or specific matters of company policy, that doesn't have to be binding on the company. I'm confused by that - aren't shareholders the owners, making everyone else involved in the company their employees?

Answer 1

What do you mean "not binding".

If there is a legal shareholder meeting of a quorum of shareholders' votes, and the majority of votes vote for a board member or specific matter of corporate policy, it is binding insofar as it is legal.

But everyone else in the company are not their employees, the corporation is a seperate entity, and shareholders are not legally bound by the liabilities of the corporation.