They often times do not though. I am not in favor of the government interfering with the market but you gotta admit that too many boards are padding their own pockets or not watching over their shareholders’ rights and interests. Think the shareholders would agree to fund so many failed a-holes or pay out huge packages? I don’t see how voting on issues would allow companies to function properly though....
“too many boards are padding their own pockets or not watching over their shareholders rights and interests.”
Sell the friggen stock - after admitting you were a dope to buy it in the first place. And if you do not own the stock how is this your business? Huh?