It would be nice if there were index funds that promised to vote for socially positive issues on votes. That may be more impactful than social good indices.
It would be nice if there were index funds that promised to vote for socially positive issues on votes. That may be more impactful than social good indices.
Even a small minority of voters who care about an issue and raise a stink about it can swing a big change.
Most shareholders, including rich ones, are happily coasting along on autopilot. If someone with even a single share stands up in an annual meeting and makes a good point, I would pay attention.
The parent comment I replied to originally said that return to office is pushed at regular by a fund (Blackrock) that owns office space as well as shares in companies like say Apple or Google, even if that is a suboptimal choice for Apple and Google.
If there's a bloc of even 5% of ownership arguing against this at an annual meeting, it would be a major improvement in the state of affairs. Corporate America runs the world. We can't just relegate all important decisions to big owners by default - at the very least give them hell!
[0] https://www.nytimes.com/2021/01/26/upshot/stocks-pandemic-in...