- Disney shareholders rejected anti-DEI proposal on Thursday.
- A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
- Shareholders for Apple and Costco previously rejected similar proposals.
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Not all companies do that. It is possible to make dual class voting, where some shareholders shares have more votes than others. For instance Google, Meta, Ford, Warren.
Yeah, but those systems still don’t count votes by “number of shareholders” as indicated above. They’re still weighted by number of shares, just some shares have more benefits than others
The class offered to the general public often has limited or no voting rights, while the class available to founders and executives has more voting power and often provides for majority control of the company.
