Retail shareholders' apathy threatens corporate democracy and investor influence.
Retail shareholders often don't get involved in company decisions because they don't have enough shares to make a big impact. They prefer to sell their shares if they disagree with how the company is run, rather than voting at meetings. The article looks at why this happens and whether it's important for shareholders to be more involved in decision-making. The researchers suggest that changes may be needed to encourage more shareholder participation and improve the benefits of voting in meetings.