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If the largest shareholder is a mutual fund, then the shareholders so far removed from the actual situation that I think the onus for ethical decision-making fa
by DashRattlesnake 10y ago
If the largest shareholder is a mutual fund, then the shareholders so far removed from the actual situation that I think the onus for ethical decision-making falls on the executives and the board of directors. They're the ones with the knowledge and focus to be able understand the consequences of their decisions on the people who rely on their products.
- sandworm101 10y agoAnd when they act improperly, as these have, it is the responsibility of shareholders to get rid of them.
- yuhong 10y agoI hope at least they don't depend on constantly increasing stock prices, otherwise they are likely the source of the problem in the first place.