# Corporation Shares 2.0 — Making Shares Actually Matter **URL:** \ **Category:** Player Features & Ideas\ **Created:** [September 3, 2026, 5:23am UTC](https://forums.eveonline.com/t/corporation-shares-2-0-making-shares-actually-matter/517624 "2026-09-03T05:23:49Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![Nive\_Tsero](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/nive_tsero/32/506656_2.png) [@Nive\_Tsero](https://forums.eveonline.com/u/Nive_Tsero)\ **Post date:** [September 3, 2026, 5:23am UTC](https://forums.eveonline.com/t/corporation-shares-2-0-making-shares-actually-matter/517624/1 "2026-09-03T05:23:49Z")
I’ve been thinking a lot about corp shares lately… EVE already has corporation shares, but outside of a few niche uses they don’t really function like meaningful financial assets. They can be transferred, used for voting, and tied to dividends, but there isn’t much of a real investment system around them. I think CCP could do a lot more with this without turning EVE into a safe or heavily regulated stock-market simulator. The idea would be to make shares something players might genuinely want to own, trade, speculate on, and build businesses around. The main problem right now shares mix together several different things: Corporate control Voting CEO mechanics Dividends Investment Internal governance That makes outside investment feel awkward to me. If I buy shares in an industrial corporation because I think it’s profitable, that doesn’t necessarily mean I should be able to interfere with its CEO or internal operations. Likewise, corporations shouldn’t have to risk losing control just because they want to raise ISK from investors. So I’d start by separating **economic ownership** from **corporate control**. ## 1. Share Classes Allow corporations to create different classes of shares. For example: **Class A — Governance Shares** - Voting rights - CEO election rights - Usually held by founders/leadership **Class B — Common Shares** - Tradable - Eligible for dividends - Limited shareholder voting - No CEO takeover rights **Preferred Shares** - Priority dividends or other special terms - Usually no corporate-control rights A corporation could still use the existing simple one-share-class system if it wanted. This would just give larger or more investment-focused corporations more options. ## 2. Give Shares Clear Terms When a corporation issues shares, there should be an in-game charter explaining exactly what those shares do. Something like: Example Industrial Holdings — Class B Common Shares Eligible for normal dividends No CEO election rights Additional issuance requires shareholder approval Shareholder reserve enabled Once shares are sold, management shouldn’t be able to quietly change those conditions without a shareholder vote. This shouldn’t make investing safe. Corporations should still be able to fail, lie about future plans, make bad decisions, get robbed, or get destroyed. That’s EVE. The game should just clearly tell you what the actual item you’re buying does. ## 3. Better Dividends Dividends should be expanded into a proper corporation feature. Corporations could choose things like: Manual dividends Fixed ISK distributions Monthly/quarterly dividends Profit-sharing distributions Preferred dividends No-dividend growth model For example: A corporation has 400,000 public shares and declares a 20 billion ISK dividend. That’s: **50,000 ISK per share** If you own 10,000 shares, you receive: **500 million ISK** The wallet should clearly identify the corporation, number of shares, dividend per share, and total payout. That gives shares actual cash-flow value. ## 4. An SCC Securities Market This is probably the biggest part. Corporations should be able to voluntarily list eligible shares through an SCC securities exchange. Basically the normal market interface, but for corporation equity. You could see: Buy orders Sell orders Last trade Price history Volume Shares outstanding Market capitalization Dividend history Example: **Example Industrial Holdings [EIH]** Last Price: 1.27M ISK Buy: 1.26M Sell: 1.28M Shares Outstanding: 400,000 Market Cap: 510B ISK Last Dividend: 50K/share The SCC could take transaction fees just like other market activity. I wouldn’t add short selling, options, futures, leverage, or anything crazy at first. Just make normal shares work properly. ## 5. Make Dilution Understandable The game should clearly distinguish between: Authorized shares Issued shares Treasury shares Outstanding shares And if a corporation wants to create more shares, show exactly what will happen. For example: Current Outstanding Shares: 600,000 Proposed New Shares: 100,000 New Total: 700,000 Existing Shareholder Dilution: 14.29% You could also optionally allow existing shareholders to buy part of a new issue first so they can maintain their ownership percentage. ## 6. Corporate Share Buybacks Corporations should be able to buy their own shares back. Those shares could either: Become treasury shares Be sold again later Be permanently retired So if a successful corporation believes its own stock is undervalued, it can buy shares from the market. That also gives corporations another way to return value to shareholders besides dividends. ## 7. SCC-Verified Financial Information This could be one of the coolest parts. CCP already knows a lot about what a corporation owns and earns. Corporations could voluntarily publish aggregated financial information without exposing sensitive locations. For example: **Assets** ISK Market inventory Industrial inventory Structures Other assets Liabilities Debt Outstanding obligations Shareholder Equity Approximate NAV per share Nobody needs to know that Corp X has 50B in minerals sitting in a specific structure in a specific system. Just show aggregate numbers. Corporations could decide how transparent they want to be. More transparency might increase investor confidence. Less transparency might preserve operational security but make investors more cautious. That seems very EVE. ## 8. Shareholder Reserve I’d also like to see an optional protected shareholder reserve. A corporation could place ISK into a special reserve that normal Directors can’t simply withdraw. Changing or removing that reserve could require shareholder approval. Example: 100B ISK in reserve 400,000 eligible shares That’s effectively: **250,000 ISK in reserve backing per share** It doesn’t guarantee that the shares are worth 250K. It just gives investors something tangible behind them. If the corporation voluntarily liquidates, that reserve could be distributed among eligible shareholders. ## 9. Separate CEO Votes From Investment Shares Public investment shares should not automatically give someone the ability to initiate a CEO takeover. Only governance shares should count for that. CEO votes should also probably require an actual majority of outstanding governance shares rather than simply relying on low voter turnout. Corporate control should be difficult to take. Investment shouldn’t automatically mean control. ## 10. Shareholder Benefits Shares could even have optional non-financial uses. Corporations could attach benefits to ownership thresholds. For example: 100 shares: Basic shareholder status 1,000 shares: Reduced manufacturing/reprocessing fees 10,000 shares: Access to special contracts or services This could potentially integrate with ACLs. Something like: Allow shareholders of Example Industrial Holdings Minimum holding: 1,000 shares That would give shares utility in addition to dividends and resale value. ## Keep EVE Dangerous I don’t want CCP guaranteeing investments. If a corporation makes terrible decisions, investors should lose ISK. If its structures get destroyed, its stock might collapse. If leadership steals everything that isn’t protected, that’s EVE. If somebody invests billions into an obviously questionable operation because the CEO promised 40% monthly returns, that’s their problem. Scams, speculation, corporate warfare, espionage and failure should absolutely remain part of the system. The difference is that players should understand what the actual shares themselves represent. ## Why Bother? Because this could create an entirely new type of EVE gameplay. Imagine people actually saying: “Their shares are trading at 900K, NAV is around 1.3M and the dividend yield is good. I’m buying.” And someone else responding: “Half their assets are tied up in structures that are currently at war. I’m selling.” And somebody else: “Fine. I’ll buy the dip.” That’s the kind of player-created story EVE is good at. Industrial corporations could raise capital. Traders could become investors. Corporations could run IPOs. Players could create investment funds. Wars could affect share prices. Corporations could build long-term financial reputations. Scammers would absolutely find ways to abuse it. And eventually you could expand the system into things like: Corporate bonds IPOs Secondary offerings Mergers and acquisitions Corporate debt Investment funds Bankruptcy/liquidation Alliance investment vehicles But shares should come first. EVE already has corporations, shares, dividends, markets, contracts, industry, wars, espionage, theft and one of the most player-driven economies in gaming. The foundations are already there. I just think corporation shares deserve another pass. **Make them actual assets that players have a reason to buy, hold and trade.** Curious what people think. What would you add, remove or change? ---
**Author:** ![The\_Tapioca\_Terrorist](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/the_tapioca_terrorist/32/493091_2.png) [@The\_Tapioca\_Terrorist](https://forums.eveonline.com/u/The_Tapioca_Terrorist)\ **Post date:** [September 4, 2026, 3:42am UTC](https://forums.eveonline.com/t/corporation-shares-2-0-making-shares-actually-matter/517624/2 "2026-09-04T03:42:25Z")
there is only two reasons to have corp shares - 1 to stop a hostile take over - 2 to take control of a corp in a hostile manner ---
**Author:** ![Lucy\_Alfrir](https://sea1.discourse-cdn.com/eveonline/user_avatar/forums.eveonline.com/lucy_alfrir/32/382506_2.png) [@Lucy\_Alfrir](https://forums.eveonline.com/u/Lucy_Alfrir)\ **Post date:** [September 4, 2026, 10:03am UTC](https://forums.eveonline.com/t/corporation-shares-2-0-making-shares-actually-matter/517624/3 "2026-09-04T10:03:12Z")
Blimey that’s a wall’o’slop. TL:DR