2 ms·
Or better yet have corporate governance in place that doesn't allow a few board members to completely override the will of the people who own the company.
by pc86 3y ago
Or better yet have corporate governance in place that doesn't allow a few board members to completely override the will of the people who own the company.
- 1123581321 3y agoWhat are you thinking specifically? A board member who agrees to advocate for shareholder referendum results outside the annual meetings? Or just a larger board?
- teeray 3y agoLiquid democracy. If shareholders feel strongly about something, they should be able to proportionally strip the board of their voting power on those issues.
- slillibri 3y agoThe "people who own the company" are mostly institutional investors, not individual shareholders. Something like 80+% of the outstanding stock is held by institutions.