While it is true that the small stock holder has very little say in corporate direction, some companies seem to minimize their risk by allowing the voting to be rigged.
Last year several of us found a problem voting our shares in a large telecom stock with votes that differed from the companies recommendations. The vote tallied was not that one I submitted, but was the company recommend vote. The problem was described and forwarded to the large telecom along with corrected ballots and the original control numbers.
We never heard from the large telecom or the company they probably outsourced this work to (it was not www.proxyvote.com, but has a similar url). This year the same problem cropped up.
It is excusable to miss a problem if quick steps are taken to remedy it. This sort of thing is thankfully the norm for most companies. It is possible that there are several layers of incompetence here. It is also possible (hopefully very remote) that there is a bit of evilness here. I don't know which is worse - multilevel incompetency or evilness.
It is really sad when corporate governance is indistinguishable from third world countries. Perhaps they will get 100% of the web vote this year.
1:06:45 PM 
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