The Retail Investor Vote: Mobilizing Rationally Apathetic Shareholders to Preserve or Challenge the Board's Presumption of Authority

57 Pages Posted: 9 Dec 2010  

Christopher John Gulinello

Northern Kentucky University - Salmon P. Chase College of Law

Date Written: September 1, 2010

Abstract

The article proposes the implementation of the RIVI (“Retail Investor Voting Instructions”) to mobilize retail investors to vote in corporate elections. The author argues that current retail-investor voting has an adverse effect on our capital markets because it is uninformed. In this article, the author proposes the creation of the RIVI to promote more robust and informed retail-investor voting, which will, in turn, contribute to a more efficient balance between board accountability and authority in public companies.

Keywords: shareholders, shareholder voting, corporate governance, board of directors, authority, accountability, retail investors, capital markets

JEL Classification: G14, G18, G30, G34, G38

Suggested Citation

Gulinello, Christopher John, The Retail Investor Vote: Mobilizing Rationally Apathetic Shareholders to Preserve or Challenge the Board's Presumption of Authority (September 1, 2010). Utah Law Review, Vol. 2010, No. 3, 2010. Available at SSRN: https://ssrn.com/abstract=1722372

Christopher John Gulinello (Contact Author)

Northern Kentucky University - Salmon P. Chase College of Law ( email )

Nunn Hall
Highland Heights, KY 41099
United States

Paper statistics

Downloads
71
Rank
270,400
Abstract Views
562