Thursday, June 15, 2017

"Is this shareholder activism taken to its logical extreme?"

Via Professor Bainbridge:

NPR reports:
Shareholders in a zoo near Shanghai, frustrated that they weren't making a profit on their investment, fed a live donkey to zoo tigers as a form of protest.
Video of the scene shows the donkey pushed down a makeshift ramp into the water surrounding the tiger habitat, where it is promptly pounced upon. Tigers bite and claw the donkey as it bleeds and struggles in the water. The footage has prompted protest and outrage in China.
In a statement, shareholders who invested in Yancheng Safari Park say they held a meeting and voted in favor of feeding the live donkey to the tigers to express their frustration.