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To: Madharry who wrote (41889)3/21/2011 12:09:05 PM
From: Jurgis Bekepuris1 Recommendation  Respond to of 78597
 
While voting may not change things, apathy will definitely get you nowhere. And you're wrong - even with no proxy battle, the votes have gone pretty close on various things that matter in last couple years. In big companies too.

Perhaps things would be different if shareholders acted as business owners instead of throwing proxies into garbage.

Edit: some info of how funds vote on compensation and other shareholder proposals:
ici.org
afscme.org

Although funds trot managemen/BOD line a lot, sometimes they are supportive on compensation and other issues. IMHO, adding your vote is at least a possibility to influence the policy either at company level or at mutual fund voting level or at political level.