December 2018
Beginner
384 pages
10h 9m
English
Content preview from Reading Financial Reports For Dummies, 3rd Edition
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Chapter 22
How Companies Communicate with Shareholders
IN THIS CHAPTER
Attending annual shareholder meetings
Looking at the responsibilities of the board of directors
Keeping abreast of corporate special events
Listening perceptively to analyst calls
Getting information from company websites
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 ...