A turning point in relations between company owners and bosses? Something strange has been happen-ing this year at company annual meetings in America: shareholders have been voting decisively against the recommendations of managers. Until now, most shareholders have, like so many sheep, routinely voted in accordance with the advice of the people they employ to run the company. This year managers have already been defeated at some 32 companies, including household names such as Boeing, ExxonMobil and General Motors.
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