[pgtruesdell]

Most shareholder resolutions are total jokes that get rubber-stamped by the large fund managers/executives and large individual shareholders who actually vote their shares. Despite increased access, due to ubiquitous internet access, only 27% of retail investors even bother to vote.[0] Plus, with an increasing concentration of assets managed by a small group of giant fund companies, this continues to become a bigger problem where the retail investors have little to no say.

Check out the AFL-CIO Executive Paywatch [1], can you imagine retail investors approving executive compensation to the rate of 200x or even 5900x (in the case of Weight Watchers) median employee pay? Those executive compensation votes usually pass without much more than a squeak from a couple of small investors or activist fund managers who typically get trounced when it comes time to vote.

Even if it's seemingly pointless, I always read the proposals and vote. It's also a great way to learn and get a sense of what's going on at the companies you are invested in.

[0] http://buzz.money.cnn.com/2014/06/12/shareholders-dont-vote/

[1] https://aflcio.org/paywatch