Task: Download the latest Annual Report or 10K report of Verizon Wireless. Using the list with larger shareholders if there are any and do the following:
(1) Describe the influence that you see institutional shareholders of the firm having on managerial action. Give examples of managerial action and explain the influence you detect.
Note that there may be discussions of institutional pressures if your firm has had particularly poor performance recently or if there has been any hostile shareholder action. These activities will be reported in other sections of the annual report, most likely in the letter to shareholders.
(2) Summarized information about large shareholders of selected firm (3)Explained influence of large shareholders on specific managerial actions.