Reviews some changes occurring in investor or shareholder power and the effects those changes have been having in the USA, the UK, Germany and France. Believes that UK and European shareholders are flexing their muscles in unfamiliar ways. Looks at various pension schemes and gives a brief breakdown on them and their problems with certain companies in both the UK and Europe, finishing with observations about California's problems regarding Proposition 211 (a referendum), to give investors the right to sue company executives. Considers that there is a surge in power among stakeholders in the investment community, which it would be unwise to ignore — and the age of ‘investor capitalism’ may be dawning.
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