Alphabet shareholders want more voting rights but Larry and Sergey don’t want it that way
Recode ------- Alphabet’s shareholder meeting last week resulted in a predictable outcome: All stockholder proposals were voted down. Stockholder proposals tend to fail at any company. Management votes against them and larger investors with more shares typically vote with management. At Alphabet, the parent company of Google, voting power is even more concentrated because of a limited supply of supervoting shares belonging mostly to Google co-founders Larry Page and Sergey Brin. To learn more click on the picture below to read the article.