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By Jim Stice | Tuesday, August 12, 2014

What Is Corporate Governance?

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Do you own any shares of stock? Half of all U.S. households do.

The 2010 Survey of Consumer Finances (commissioned every three years by the Federal Reserve) found that 49.9 percent of all U.S. households own shares of stock, either as direct investments in specific companies, or as an investment in a mutual fund, retirement plan, or other stock investment vehicle. Even in households where the head of the house is younger than 35, 39.8 percent own some shares of stock.

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