Tuesday, March 19, 2013

Passive Investors & Indexed Companies by Ric Marshall

Read the new report that looks at "unowned" or indexed companies -- what Bob Monks calls "drone corporations in his new book, Citizens DisUnited.  This brief is the underlying research for chapter six and offers new analysis on the characteristics of "unowned" corporations.  Marshall defines an indexed company as one whose ownership is so widely distributed that no single shareholder holds a principal position, which is defined by the SEC as 10% or more. In most cases the largest single position is likely to be less than half that amount, or it may be held by a shareholder this itself also widely held, such as a mutual fund company or a passive index fund; in the most extreme cases the largest single position may be less than one percent of the shares outstanding.

March 19, 2013  |  0 comments

Post a comment


There are no comments currently for this item.

Copyright 2022 by Robert A. G. Monks