Wireless Investors & Apathy Obsolescence
24 Pages Posted: 1 Aug 2022 Last revised: 19 Jan 2023
Date Written: July 24, 2022
This Article discusses how a subgenre of retail investors makes investors’ apathy obsolete. In prior work, we dub this genre of retail investors “wireless investors” for their reliance on technology and online communications. Their global scale online communications allow them to circulate information and coordinate, obliterating collective action problems. Wireless investors are on the verge of causing a lasting paradigm shift in corporate governance.
Keywords: retail investors, Millennials, GenZ, apathy, collective action, game theory, social norms, corporate governance, ESG, investing, stakeholders
JEL Classification: K2, K20, K22
Suggested Citation: Suggested Citation