There are numerous options that Ockham is considering in order to raise funds. The fund-raising efforts currently undertaken by Ockham involve setting up a public limited company. This means that the company will issue shares on the stock exchange (Badioze et al., 2003). Doing this will affect the formation of the company's board of directors in several ways. For example, as the shares are available for everyone to purchase, any member of the public can become a major shareholder if he has enough funds. Since this means that they have a major stake ...