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> Intel shareholders can now vote to ensure Intel takes a stand against China, if they choose. But it seems those individuals do not want that. Good question,
by baybal2 5y ago
> Intel shareholders can now vote to ensure Intel takes a stand against China, if they choose. But it seems those individuals do not want that.
Good question, who are Intel shareholders?
- JumpCrisscross 5y ago> who are Intel shareholders? https://www.nasdaq.com/market-activity/stocks/intc/institutional-holdings https://www.nasdaq.com/market-activity/stocks/intc/instituti...
- bravo22 5y agoKeep in mind that institutional investors like index funds hold share on behalf of indvidual persons.
- michaelt 5y agoIntel is chopped up into tens of millions of tiny slices, and everyone with any form of retirement savings has a handful through some sort of fund. Generally these people barely know they're shareholders, they receive none of the paperwork needed to vote at the AGM, they have a slice several orders of magnitude too small to exert any influence, and they have no way of identifying or contacting other shareholders to take any sort of coordinated action. Anyone who expects X to be done by shareholders is going to be disappointed.
- baybal2 5y ago> Anyone who expects X to be done by shareholders is going to be disappointed. It's the general problem of public ownership of means of production. Public companies don't work. Stock market provides heck a lot of wrong incentives.