Meme Stocks and Retail Investors | Getting Common w/ Professor Carliss Chatman | Episode 18

The GameStop saga and meme stock frenzy have shown the pathway to the most disruptive revolution in corporate governance of the millennium. New generations of retail investors use technologies, online forums, and gaming dynamics to coordinate their actions and obtain unprecedented results. Signals indicate that these investors, whom we can dub wireless investors, are currently expanding their actions to corporate governance. Wireless investors’ generational characteristics suggest that they will use corporate governance to pursue social and environmental causes. In fact, wireless investors can set in motion a social movement able to bring business corporations to serve their original partly-private-partly-public purpose. In this episode, Professors Christina Sautter and Sergio Alberto Gramitto Ricci, authors of “Corporate Governance Gaming: The Collective Power of Retail Investors” will discuss the premises, architecture, and characteristics of the movement that would cause business corporations to re-marry their partly-private-partly-public purpose.We will discuss how retail investors may have the power to shift the paradigm, making corporations serve the welfare of a broader range of stakeholders.

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