Whether or not the token explicitly defines governance, the owner of a token does have some authority over any governance action involving a hard fork, because the success of the fork depends on the buy in from the economic actors.

You do get meaningful voting rights, but the governance process is quite a bit different from a traditional company.

That's useful!

Reminds me of a joke:

Q. What do you call a dog without legs?

A. Doesn't matter, it won't come when you call.