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The majority shareholder typically has the authority to control the company, making key management decisions and overseeing daily operations. However, this control comes with fiduciary duties to other shareholders, including the duty of loyalty and good faith, and the obligation to avoid misappropriation of corporate assets or fraudulent conduct. While majority shareholders can operate the company as they see fit, they must exercise sound business judgment to be legally protected in their actions. Ultimately, they have the right and responsibility to guide the company toward its best interests.