Economy
Proxy fights manipulate shareholder voting power
HERE’S THE INTERESTING PART
Democracy technically exists in the corporate world, but only if you have enough capital to buy all the ballots. A proxy fight occurs when a group of angry, activist investors attempts to overthrow the existing corporate board by aggressively campaigning to collect the voting rights of other shareholders, turning boring annual meetings into vicious battlegrounds.
One discovery leads to another.
Keep exploring facts in this topic.
Economy →
