Here’s how shareholder democracy works


Growing concern about climate change has forced the SEC to shift position, allowing more environmental and social proposals onto corporate ballots.

THE ambitious idea that companies can be run like democracies, with widely dispersed shareholders exerting influence over management, has long failed in practice.

Many people own shares, but very few bother to vote at company meetings – in part because they have other concerns, in part because systems of corporate governance have silenced their voices.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Exciting deals at Sunway Theme Parks Mega Roadshow
CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD

Others Also Read