Re:The Toyota Way
by icebraining on Wednesday June 26, 2019 @02:59PM
(#20288052)
> Passive shareholders, well, don't participate on decision making.
That's not true, fund managers vote on behalf of those shareholders, and not always go along with the board's position. See for example Vanguard's voting record: https://about.vanguard.com/investment-stewardship/how-our-fu...
Passive shareholders, well, don't participate on decision making.
Expect this feature to get worse with increased share of index funds. But not by much, because most people never were active anyway.