Chapter 22

How Companies Communicate with Shareholders

In This Chapter

arrow Attending annual shareholder meetings

arrow Looking at the responsibilities of the board of directors

arrow Keeping abreast of corporate special events

arrow Listening perceptively to analyst calls

arrow Getting information from company websites

arrow Investing through company incentive programs

Happy shareholders don't necessarily make for a happy company, but they're a good start. Although a company collects most of the money generated from stock transactions when the stock is first sold to the public during an initial or secondary public offering, shareholders still hold a bit of power over management. Angry shareholders showed what their wrath could do when their lack of support for Disney CEO Michael Eisner helped oust him from the chairmanship of the board in 2004. In August 2013, at the time of this writing, another very public fight ...

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