The rise of concentrated stock ownership has many benefits but allowing institutional investors to use their voting power to socially engineer our corporations is dangerous. Voting with the single goal of maximizing shareholder value is the appropriate corporate governance answer.
Institutional Investors And Their Role In Changing America's Corporations
Forbes - 11 Jan 2019 17:56
The rise of concentrated stock ownership has many benefits but allowing institutional investors to use their voting power to socially engineer our corporations is dangerous. Voting with the single goal of maximizing shareholder value is the appropriate corporate governance answer.
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