Shareholder democracy: Why I’m not buying it

I have a confession to make. Each year, around AGM season, my mail box fills with notices of meetings from the various companies I own stock in. But I don’t read them. If I’m bored, I’ll have a quick flick through the documentation, otherwise they usually go straight into the bin. Whilst I’m all for engaging with a company’s activities – indeed I think you shouldn’t bother owning shares unless you’re committed to reading the annual results – I don’t see the point of spending time filling in voting forms. As a retail shareholder I’m never going to own enough...

I have a confession to make. Each year, around AGM season, my mail box fills with notices of meetings from the various companies I own stock in. But I don’t read them. If I’m bored, I’ll have a quick flick through the documentation, otherwise they usually go straight into the bin.

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