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You Will be forced to use 15% ethanol
On Wed, 02 Feb 2011 17:12:02 -0500, Wayne.B
wrote: On Wed, 02 Feb 2011 11:38:39 -0800, wrote: So, you think the small investor in a multinational has some actual say in how the company is run and the ethics involved? It's only recently that CEO pay has been on the table as needing non-binding approval of the stockholders! It doesn't really matter how much or how little say you have. If the company is doing well, you share in the gains just like all of the other owners. If it's not doing well you vote with your telephone and sell the stock. Essentially you just fired the management. Doesn't matter? It matters to me if a stock I'm holding is destroying the rainforest, but I have no control over the CEO. Selling the shares doesn't have any affect on CEO salary, for example. They've got their parachutes and are immune from my small action. |
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