I'm digging through a mountain of annual reports and proxy voting documents and it never ceases to amaze me that the items I have to vote on for the shareholder meeting are in conflict of the Average Joe shareholder's interest.
Stock loses money? Board recommends approval of all the existing directors.
CEO failed to meet targets? Board recommends an insane compensation plan.
Shareholder proposal for transparency? Board recommends you vote AGAINST the proposal.
I know my few shares in each of these companies are a minuscule factor but if we all get together and start standing up to this BS maybe these Boards will start to second guess their worth and corporate security.
Submitted March 30, 2017 at 12:25AM by JackleBee http://ift.tt/2oAK87Z
