Hello GM Roper, Ownership of publicly traded corporations is so difuse that individual shareholders have effecitvely no voice. Institutional shareholders have some voice voting vast numbers of shares, if anyone is paying attention to anything other than short term bottom line performance. In either case, in many if not most cases, shareholder votes are not binding on the boards. In some cases, the boards and CEO have sufficient shares, granted to themselves, or purchased with favorable loans from the corporation, to fight all but the biggest institutional investors. The system has become corrupt. It will be changed, by self policing or by law, it is up to these business “leaders”. I am afraid that they will abuse our Golden Goose rather than husband it, trying to get a few more golden eggs for themselves.
