It is no secret that shareholders of public companies are restive and increasingly are doing something about it. This growing involvement has been fueled by outrage over overpaid, under-performing executives and the corporate scandals of recent years, among other factors. Hedge funds are also increasingly more active in their investments, and are pushing management to make rapid changes.
Majority Voting and Shareholder Influence Within Public Companies
The Legal Intelligencer
December 14, 2007
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