Shareholder democracy is a concept relating to the governance structure of modern corporations. In this structure, shareholders bear ultimate controlling authority over the corporation, as they are the owners and may exercise control within their economic rights. Although shareholders own the corporation, they generally take a passive interest in managing the day-to-day operations of the company. Shareholders who are interested in actively influencing corporate affairs are called activist shareholders.
In the American system of corporate governance, shareholders typically elect the company's board of directors on an annual basis. These directors bear a fiduciary responsibility to the shareholders and must represent the interests of the shareholders (as opposed to the interests of themselves or any third parties) when making decisions. In turn, the board may select the individual executives and officers who operate the company, and they may also act on behalf of the corporation when establishing company policy for products, services, wages, and labor relations. This structure is akin to the political model of representative democracy, whereby citizens may elect political representatives to serve in public office. Similarly, the directors and shareholders face the principal-agent problem, where the directors may fail to properly represent the interests of the shareholders and may be in violation of their legal fiduciary obligations. Passive shareholders may disengage from the shareholder democracy model, a phenomenon known as shareholder apathy.
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Shareholderdemocracy is a concept relating to the governance structure of modern corporations. In this structure, shareholders bear ultimate controlling...
staff. Shareholderdemocracy is a concept relating to the governance of corporations by their shareholders. In the United States, shareholders are typically...
Shareholder activism is a form of activism in which shareholders use equity stakes in a corporation to put pressure on its management. A fairly small stake...
different ways. Capital owners of a firm wield power within a system of shareholderdemocracy that allocates voice democratically according to how much capital...
(which elect management) elected by the shareholders and half by the workers. Although industrial democracy generally refers to the organization model...
American system has long been based on a belief in the potential of shareholderdemocracy to efficiently allocate capital. The Japanese model of corporate...
Blue and gold. Mitsubishi Tōgenkyō (in Indonesia) None (English) ShareholderDemocracy (Corporate Timocracy) Mitsubishi members value land ownership, and...
The Center for Media and Democracy (CMD) is a progressive nonprofit watchdog and advocacy organization based in Madison, Wisconsin. CMD publishes ExposedbyCMD...
minority views in legislative deliberations, as it does in deliberations at shareholder meetings of corporations. Such a concept was proposed in a submission...
Reinforcing and challenging the legal model 6. Corporate governance: shareholderdemocracy and the monitoring board 7. Management self dealing 8. The enforcement...
Workplace democracy is the application of democracy in various forms to the workplace, such as voting systems, debates, democratic structuring, due process...
shareholder voting rights under the "one share, one vote" principle of shareholderdemocracy. As such, the CII is strongly against dual-class stock structures...
liability.[clarification needed] Limited liability means that a passive shareholder in a corporation will not be personally liable either for contractually...
counts. In the traditional view of a company, the shareholder view, only the owners or shareholders of the company are important, and the company has...
The Report of the committee of inquiry on industrial democracy (1977) Cmnd 6706, also the Bullock Report for short, was a report proposing for a form...
Glasze, Georg (2003): Private Neighbourhoods as Club Economies and ShareholderDemocracies. – In: BelGeo 1/2003 Theme Issue "Privatization of Urban Spaces...
Trading of shareholder votes is the practice of exchanging one's shareholder votes in corporate elections for cash or other forms of payment. Trades may...
a company to a shareholder, and whether this should be treated as a distribution. Shareholder meetings – The Act enables shareholder meetings to be held...
Elections have been the usual mechanism by which modern representative democracy has operated since the 17th century. Elections may fill offices in the...
Mexico's gross domestic product. As of 2016, he is the largest single shareholder of The New York Times Company. Slim was born on 28 January 1940, in Mexico...
Democratic and progressive political causes. Soros started the Friends of Democracy PAC, now merged into Every Voice, to push for campaign finance reform...
and Amazon Face Shareholder Revolt Over Israeli Defense Work". The Intercept. Retrieved August 30, 2022. "Google, Amazon shareholders to oppose Israeli...
directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors. Articles of association are...
expired, Balsillie was reappointed to the board, in spite of strong shareholder objections, and notwithstanding RIM's earlier public representations...
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