> You can also do hilarious (to me) things like create enough shareholders (let's say 7 billion), make shares non-transferrable, etc, so that even though theoretically it requires a vote, such a vote is practically impossible.

Doesn't this mean it's quite possible to achieve what they want? Is there a limit on how absurd the statutes can get (at least in your jurisdiction)? Votes have to be held at 3:00AM on Mondays, in person, at the company voting office, which happens to be on top of Mt. Everest?