Shareholder Activism

As a shareholder, the companies that you own are accountable to you. Owning one share gives you the right to vote on resolutions that appear on the annual ballot. If you own more than $2,000 of shares, you have the right to put a resolution on the ballot. Resolutions often ask for more disclosure, changes in corporate behavior or implantation of new policies and procedures. However, if you own shares in a mutual fund, the fund company votes on your behalf. You might want to ask your fund company … [Read more...] about Shareholder Activism: A Year in Review