Discussion: View Thread

  • 1.  Investigating the ownership of the Fortune 500

    Posted 02-11-2004 08:07
    Fred
    There is a site entitled: Who Owns the Fortune 500.
    http://afgen.com/fortune_500.html
    Cybercollegially,
    Charles Wankel

    -----Original Message-----

    If I wanted to investigate the ownership of the Fortune 500, how could I go
    about that?

    Fred Nickols
    nickols@att.net
    www.nickols.us


  • 2.  Investigating the ownership of the Fortune 500

    Posted 02-11-2004 10:01
    Thanks, Charlie. The piece in question, by Ron Lieber, contained a good
    lead, namely, The Investment Company Institute. Lieber's arguments,
    however, are far from compelling. Indeed, there is an internal consistency
    that leaps out from them. Lieber claims that we, the little folks, own the
    Fortune 500, yet, what he points to is our investment in mutual funds.
    Money invested in mutual funds does provide a degree of ownership in the
    mutual fund but not directly in any of the Fortune 500. It may be the case
    that the mutual and pension funds are indeed the owners of the Fortune 500
    but that doesn't make the little guy an owner and it begs the isssue of the
    separation of ownership and control and the implications of that for social
    responsibility and corporate/executive accountability.

    Fred Nickols

    > -----Original Message-----
    >
    > Fred
    > There is a site entitled: Who Owns the Fortune 500.
    > http://afgen.com/fortune_500.html
    > Cybercollegially,
    > Charles Wankel
    >
    > -----Original Message-----
    >
    > If I wanted to investigate the ownership of the Fortune 500, how
    > could I go
    > about that?
    >
    > Fred Nickols
    > nickols@att.net
    > www.nickols.us