Springtime ushers in a rush of annual shareholder meetings, but these days, few investors are making this corporate pilgrimage. Every publicly traded stock is required by law to hold an annual shareholder meeting, and most companies fulfill this requirement with as little time or meaningful content as possible. But failing to participate can be costly when investors and executive managers fail to look each other in the eye.
Of the thousands of public shareholder meetings, most begin with the CEO reading a scripted (boring) financial update that highlights the wonderful opportunities that lay ahead. The board of directors is elected …Read More