Now, why would Best Buy openly discriminate against white people?
(media.conspiracies.win)
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Other factors we should consider:
The board of directors have lots of power
What percentage of shareholders actually vote on items that come to vote by shareholders? The participation rate is probably very low.
We could possibly be giving shareholder shares too much emphasis as that is probably not where the power lies. One might argue that a stock share is really no ownership in a company at all and basically fiat.
Back to the board of directors. I think that's where lots of the power is. They even have more power than the CEO even though we often focus on who a CEO is.
Shure.
Mostly they choose the board of directors and sometimes CEO and change them if they don't bring profits. It is a lever, but hardly this could be controlled by small stake.
It depends. If majority of shareholders are satisfied with how board of directors doiing business, they will be silent. And if some minority shareholder will try to replace them, they definitely will challenge that.
It could be both ways, depending on who is directors and who is CEO. Sly CEO could easily manipulate board of directors who took position of observers, or vice versa, smart directors who participate in management and planning will hold CEO in a tough grasp.
In any case, to push some woke narrative into business, at least CEO and board of directors should support that narrative, 5-10% of shares definitely not enough to push all that woke stuff if CEO and board do not support it.
Other option is a huge market manipulation to make an impression that woke businesses are better assets, so most shareholders begin to demand woke agenda, but again, that investmetns funds with a lot of tiny shares everywhere will have huge losses in both ways if they will try to inflate that woke bubble by themselves - they will have to constantly buy woke shares for overprice and will lose on selling non-woke businesses below the market. They will not be able to do that because most wealth they have is in shares and they barely have free money to play that. Selling non-woke shares and buying woke ones will end with obvious fuckup with having tons of shares of broken woke companies without any good assets left. Investment fund clients, who obviously need profits, not losses, will tear fund managers asses apart for shure.
So here we again come from investment funds to stock market owners who could manipulate market without spending any money by just faking digits in stock exchange computers to fool the traders to kickstart them into ramping up woke stocks and then sustaining that state.
Or there should those who print money come to play.