An opinion piece by Oliver Hart and Luigi Zingales describes how a new voting mechanism could help individual investors persuade companies to act in their interests.

The ambitious idea that companies can be run like democracies, with widely dispersed shareholders exerting influence over management, has long failed in practice. Many people own shares, but very few bother to vote at company meetings — in part because they have other concerns, in part because systems of corporate governance have silenced their voices.

The remainder of this article can be read on Bloomberg Opinion