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Username: BobM

Rating:
Guru Stars

Asked to: Jun Wang

Date Created: 16 May 2018
Category 28
Tag Financial
Question Please give the definition of 'Gadfly'.
Advice from Guru
Hi BobM,

Gadfly is a term for an investor who attends the annual shareholders meeting to criticize the corporation's executives. Named after small insects that bite and annoy livestock, the gadfly looks to irritate a corporation's management until it acts or compromises on shareholder concerns. A gadfly addresses many issues for the shareholders, often raising questions to management about specific company policies or corporate governance.

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