Tim Cook Apple CEO
A New Brand of Shareholder Activism
It’s fairly common knowledge that shareholders have little say in corporate governance. For the most part upper level managers run their companies as their own personal fiefdom. In addition to paying themselves obscene salaries, they make decisions that mainly benefit management, often at the expense of employees, shareholders, and the community that hosts them.
Shareholder activism, also known as shareholder advocacy, has resulted in over 400 shareholder resolutions in 2013 on issues as wide ranging as carbon footprint, fracking, and CEO reimbursement. While holding great promise for the future, the movement has yet to have major impact on the way CEOs operate their companies.
Enter A Meanss
Imagine you, as a stockholder, file a multimillion dollar judgment against Apple. They refuse to pay up, and you get a court order to confiscate merchandise from their computer stores. After obtaining a…
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