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I would argue that 'shareholders' aren't able to influence these decisions at multi-national mega corporations, because many don't even know they are shareholde
by Loughla 5y ago
I would argue that 'shareholders' aren't able to influence these decisions at multi-national mega corporations, because many don't even know they are shareholders. Think about Joe Blow from the US. He has a managed 401k or some such investment. He has no idea the 'low-risk' fund offered through Edward Jones invests in Intel or Google or whoever. He has no idea he plays a part in this.
- reaperducer 5y agoI would argue that 'shareholders' aren't able to influence these decisions at multi-national mega corporations There's such a thing as activist investors, and they seem to be gaining influence lately. From what I read in the newspaper, they're behind a lot of the changes that are starting to happen at certain multi-national oil companies.
- FredPret 5y agoVery true. Public shareholding is like a parallel democracy, where almost none of the voters are paticipating or voting. I strongly believe we need more voter participation here.