What's that got to do with the reasons why people buy individual shares, and the obligations of companies to those people relative to other stakeholders such as bond holder, creditors, directors, managers and employees?
I do not know, but I did not intend to imply anything with my question.
My question was to find out what incentive people have to purchase index funds if they “aren't owners of the underlying shares and don't have any relationship with those companies.”
My question was to find out what incentive people have to purchase index funds if they “aren't owners of the underlying shares and don't have any relationship with those companies.”