1. Articles from Levi Sumagaysay

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    1. Frustrated With Facebook, Google, Tesla? So Are Their Shareholders

      Frustrated With Facebook, Google, Tesla? So Are Their Shareholders

      Facebook, Google and Tesla shareholders have something in common: They’re not happy with management. In the past week, the three companies’ investors shot down shareholder proposals seeking more accountability from the companies and their leaders. All three companies’ founders own considerable stakes in each of the companies they founded — or have outsize influence — so shareholder proposals are usually an exercise in futility. That may not be unique in the business world...

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