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Even with the proposed changes corporate democracy is a farce.
Jun 05 05:48 am
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All Comments by stefaith »In Public Companies, If You Don't Vote, It Still Counts [View article]
I would like to always have a choice of directors to vote for, like I do in real elections. If there are, say 10 board memebers there should be a minimum of 20 applicants, and then I could vote for the board member that seemed most friendly to shareholders' interests.
I also think that the compensation package for the CEO should, by law, have to be approved by a majority of shareholders, excluding those shares owned or controlled by the CEO.