This is not a problem specific to passive funds. Many companies are structured this way and professional investors are OK with it. Look at BABA for example. I w

This is not a problem specific to passive funds. Many companies are structured this way and professional investors are OK with it. Look at BABA for example. I will say this: the whole point of equity is to give you control and dividends. If you don’t get both, you’re effectively investing in an elaborate ponzi scheme.