No One Crowned BlackRock and Vanguard to Rule Over Companies

No One Crowned BlackRock and Vanguard to Rule Over Companies



No One Crowned BlackRock and Vanguard to Rule Over Companies
Investors in Elon Musk’s Tesla Inc. voted this month to give the billionaire a $1 trillion compensation package, over the objections of some large institutional shareholders. Having a say on big management decisions is one of the benefits of owning shares of a company. If you buy stock in a public company, you generally get a vote, unless the shares explicitly exclude it.


www.bloomberg.com
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