I too think about this more and more. I wonder who will hold corporate boards accountable (think GE)? That and our modern crop of "activist" shareholders seem like a bunch of butthole hype man celebrities using influence instead of detective work to profit. Nelson Peltz excepted, he's a beast. I try not to make predictions about the future but it seems that without a strong shareholder check and balance you are going to see a lot garbage getting a beautiful veneer. Then someone will discover the rot and we will find out the extent of the damage (depth of the rabbit hole). That said, I love index funds and I use them.
