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Big index fund companies such as BlackRock, Vanguard, State Street and Fidelity are typically among the largest shareholders of publicly traded companies.
PHOTO: REUTERS
Jeff Sommer
(NYTIMES) - When you buy shares of a publicly traded company, you're a part owner and, in theory, have a right to vote on some important matters that come before that company's board of directors.
Yet millions of people have had virtually no voice in the decisions of publicly traded corporations, even though they have ownership stakes.
