Tag archive for ‘stockholder’
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The Divine Right of Stockholders
Stockholders fund major public corporations–true or false? False. Or, actually, a tiny bit true–but for the most part, massively false. What’s intriguing is that we speak as though it were entirely true: “I have invested in AT&T,” we say, imagining AT&T as a steward of our money, with a fiduciary responsibility to take care of […]