Yes, shareholder voting can be heavily manipulated just like political voting can. It's between guy A who does what the board wants and guy B who does what the

Yes, shareholder voting can be heavily manipulated just like political voting can. It's between guy A who does what the board wants and guy B who does what the board wants a lot of the time. Of course if you are a common stock holder you are at the bottom of the barrel as far as value goes. Preferred stock holders get all their money first, and then common share holder get what's left (at least in a liquidation).