What rights do they get in exchange for taking more risk than creditors and preferred share-holders take?

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What rights do they get in exchange for taking more risk than creditors and preferred share-holders take? Most large Japanese corporations hold their annual shareholders meeting on the same day and require voting in person. Therefore, it is impossible for a shareholder who owns stock in more than one company to go to more than one annual meeting. What does this practice say about the importance and clout of individual shareholders in Japanese corporate governance?
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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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