Yes, though dividends are taxed differently and usually share price rather than dividend issuance is linked to performance related options/bonuses for managemen

Yes, though dividends are taxed differently and usually share price rather than dividend issuance is linked to performance related options/bonuses for management. I think these two things create an artificial preference for share buybacks, and sometimes can influence short term gain seeking (management financial incentives especially are not always aligned with 5-10+ year time span). I think a board seat for employee representative is one way - I'm interested in broader direct democracy type approaches of corporate governance. Blockchain and DAOs feel like an interesting match for this, since many types of corporate activity - bookkeeping, shares (tokens) and token holder voting can be done on the blockchain. We are exploring this with https://Aragon.one https://Aragon.one