Comment
Comment by sjtgraham
Serious question. Why should common stock holders have voting rights? If you're going to buy stock in any company the number one reason has to be that you believe in its leadership. The ultimate vote of a shareholder is to sell the stock. Mom & pop don't get to exercise any meaningful control over a company with voting rights, leaving folks like Icahn to exert undue influence, whose incentives are possibly not aligned with anyone else's.