Boards appoint executives, boards are voted in by shareholders, shareholders are determined by $, the more money you have the more votes you can buy.
Companies are, in theory, dysfunctional representative republics.
Companies are, in theory, dysfunctional representative republics.
There are plenty of "democracies" where suffrage depends on one having the appropriate citizenship.
Full disclosure: I have permanent residency - and pay my taxes - in a country where I'm neither allowed to stand for election nor allowed to vote...
https://education.nationalgeographic.org/resource/democracy-...
But yeah, historically voting rights in many places were tied to land ownership. (And also genital arrangement)