Disney shareholders on Thursday rejected a proposal to stop participating in a national diversity, equity, and inclusion index.
  • 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.
  • moody@lemmings.world
    92·
    2 days ago

    Just 1% of shareholders voted to approve the proposal

    1% of shareholders, or the holders of 1% of shares?

          • RvTV95XBeo@sh.itjust.works
            5·
            1 day ago

            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.