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If all of us invested into Disney's common stock, then we could vote on the board of directors

Discussion in 'Disney Co News & Discussion' started by WDWTank, Nov 20, 2016.

  1. WDWTank

    WDWTank Active Member

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    Hi everyone,
    Just wanted to clear this up on the forums..
    If all of us invested into Disney's common stock, then we would have voting powers on the board of directors.
    This includes the C.E.O, the C.F.O., Bob Iger, etc.
    We as fans of the Walt Disney Company can follow our dreams and steer Disney to the direction we want..
    As fans we are also part of Adam Smith's "invisible hand" concept, which indicates that only consumers can ultimately decide the fate of a mega-corporation, theme park developer, animation studio, and some of the world's most creative minds.
     
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  2. wdwbaw

    wdwbaw EPCOT Center Purist

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    What a great idea! I can't believe nobody thought of this before. Unfortunately though, I think it would be pretty difficult to get everybody on board for this.
     
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  3. MisterPenguin

    MisterPenguin Premium Member

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    I get it!


    Also... would you trust the members of this forum to pick board members? A quarter of the people here want to raze the parks to rebuild them right. Another quarter wants to put back every ride that closed. And another quarter wants Disney to give everything away for free.
     
  4. David2319

    David2319 Well-Known Member

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    I did my share. 32 to be exact. Who's next?
     
    Last edited: Dec 24, 2016
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  5. mcstensrud

    mcstensrud Well-Known Member

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    I have 3 whoo hooo
     
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  6. hakunamatata

    hakunamatata Its about damned time. Premium Member

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    the problem with this idea is if you become a large enough shareholder you want to see a return on your investment which could cause an issue with those who might buy a few shares to vote their way to whatever grandiose idea they have about how the company should be run.
     
  7. David2319

    David2319 Well-Known Member

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    Then you can just not participate. Also we could have common sense, for profit, but also long-term investments made and generally better upkeep of the attractions.
     
  8. hakunamatata

    hakunamatata Its about damned time. Premium Member

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    Well shucks. Darn. Dangit. Not getting to participate in something that isnt going to happen or change anything is really shaking me up. Where is the safe space?
     
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  9. JudyHopps

    JudyHopps Well-Known Member

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    I would say I would NEVER trust the members of the forums to pick board members! This is where problems can and will develop, especially since almost every single person here won't agree with everything. If they want to elect people to the board, we need to have common ground first.
     
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  10. David2319

    David2319 Well-Known Member

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    I think
    I think a popular vote -- 1 per share you own could work, and someone trusted such as Steve could control. That's how we could elect. It's really a fictional idea at this time, but it's fun to think about.
     
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  11. EpcotCenter82

    EpcotCenter82 Active Member

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    There are currently 1,591,460,982 shares of outstanding Disney stock. You'd have to purchase millions of shares in order to have any influence on the election of board members.
     
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  12. Vinny

    Vinny Member

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    Actually, I think WE ALL would really love it, if all of the members who contribute to WDW Magic.com were heavily influencing the majority of the board members. I truly believe we could find a happy medium as to what to build, preserve, rebuild, and what new to add that is completely different then the norm. I believe the people on this site love Walt Disney World and the rest of the Walt Disney Company and history, maybe even more than the majority of the board members. Imagine if we had, our way.... WOW. We would have three new HUGE super theme parks built in five years, and forget about the resorts (i meant forget about the resorts sarcastically, every resort would become beyond 5 stars great, or seven, whatever is the new accepted scale). I for one believe they should only build villas and huge suites in the new hotel towers, (and lower the rental price per sq. foot). Let's at least quadruple the square footage of every hotel unit!!! (unit=hotel room - for those of you new to real estate) What is the current average duartion time actually spent on all the ride attractions? (2 to 3 mintues if we are lucky, let's get it up to 20 mins!!!) Haha, but seriously this is stuff I wish we could really accomplish. It would be so aswesome! Us all buying up Disney stock is one of the best ideas anyone has posted on this site! Let's make it a goal to accomplish. We all probably never supported the idea much because we were afraid of inflating the price as we all secretly plan to buy up Disney stock when we hit the lottery! lol, or maybe that was just me, lolll
     
    Last edited: Apr 30, 2017 at 2:23 AM
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