4 ms·
A long time ago I wanted to set up a proxy voting service - the idea was that your pension fund invested in X hundred companies, and you therefore had X/100 sha
by lifeisstillgood 6y ago
A long time ago I wanted to set up a proxy voting service - the idea was that your pension fund invested in X hundred companies, and you therefore had X/100 shares in each - with a median pension a single person would get to vote at a large % of AGMs annually.
Now one or two or 50 shares wont make much difference - but this eventually becomes shareholder democracy.