What do you think about earnings?

[andrewducker]

[Poll #1817753]

Comments

[chess]

Do you have a pension scheme? Have you written to the people who run it, expressing that they should be a more active shareholder in the field of limiting pay?

Shareholders can't usually 'have more balls' because they mostly come in the following flavours:

1) large institutional shareholders who represent a very wide range of opinions including quite a lot of 'they deserve it' and a majority of 'we don't care' - pension schemes etc

2) daytrader / hedge fund activity who have no connection with the individual company at all and hold shares briefly in a massive number of companies, which they don't have the time or interest to actually interact with in any way...

[rhythmaning.livejournal.com]

I actually hold some shares directly, and as a matter of course I vote against appointment of the auditors just to flax a bit of muscle. I sometimes vote against reappointment of directors too.

For most collective investments, I doubt that existing a view would be effective: I use ETFs, and this have no relationship with the managers at all.

Though of course this could just be put down as defeatist!