Wal-Mart Fights Shareholder Proposal on FirearmsWal-Mart Stores Inc. has asked the 3rd U.S. Circuit Court of Appeals to toss out a ruling that would force the retailer to let shareholders vote on a proposal from a Manhattan Episcopal church concerned about firearm sales.
What better way to change the direction of an "evil" corporation than to become a (majority) shareholder.BK Meyers wrote:If the religious organization does not agree with Wal-Mart selling firearms then why did they buy stock in the company??
BK
Livewire wrote:I remember when this was a free country and not a fascist one filled with limp wristed, tender hearted, liver lipped bunch of whiny ass cry babies.
Agreed.Frailer wrote:I naturally disagree with the church's opinion; nevertheless, I absolutely support their right to do this.
If stockholders aren't allowed to have a say in a company's direction, stocks become more worthless than they already are.
Corperation are not democritcies, the shareholders have a right to vote for the broad of directors based on thier voting shares.Frailer wrote:I naturally disagree with the church's opinion; nevertheless, I absolutely support their right to do this.
If stockholders aren't allowed to have a say in a company's direction, stocks become more worthless than they already are.
I don't think any of that was in question.guncrank1 wrote:Corperation are not democritcies, the shareholders have a right to vote for the broad of directors based on thier voting shares.Frailer wrote:I naturally disagree with the church's opinion; nevertheless, I absolutely support their right to do this.
If stockholders aren't allowed to have a say in a company's direction, stocks become more worthless than they already are.
The broad has the right to control the corperation based on the votes of the shareholders.
The church is a minority and has little to say , only based on the share of stock.
