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Interesting idea. But you could never know in advance what the results of a vote would be. The only way to do this would be another alteration to law to allow
by turc1656 8y ago
Interesting idea. But you could never know in advance what the results of a vote would be. The only way to do this would be another alteration to law to allow such behavior. However, I am fairly certain this would violate the capital structure and foundational rules put in place by companies with regards to what constitutes a quorum, when/how voting is done, etc. Because companies are allowed to determine how things are done so this would be directly overriding that.
I suppose it's possible to construct a law that says companies can conduct their voting as they have been, but they must also allow/accept late "votes" from fund managers but the requirement is that those late votes must conform to the same proportions.