Gadfly

AAA

DEFINITION of 'Gadfly'

A slang term for an investor who attends the annual shareholders meeting to criticize the corporation's executives. A gadfly addresses many issues for the shareholders, often grilling the management by asking difficult or embarrassing questions.

INVESTOPEDIA EXPLAINS 'Gadfly'

Named after small insects that bite and annoy livestock, the gadfly looks to irritate a corporation's management until it acts on shareholder concerns. Questions regarding executive compensation or inconvenient annual meeting locations are often brought to light by a gadfly. A gadfly adds value for other shareholders by vocalizing their concerns and inciting action.

RELATED TERMS
  1. Shareholder

    Any person, company or other institution that owns at least one ...
  2. E-Meeting

    A meeting that takes place over an electronic medium rather than ...
  3. Interested Shareholder

    A shareholder or association with beneficial ownership, whether ...
  4. Dummy Shareholder

    An entity that holds shares in a public company on behalf of ...
  5. Shareholder Activist

    A person who attempts to use his or her rights as a shareholder ...
  6. Common Shareholder

    An individual, business or institution that holds common shares ...
Related Articles
  1. Why Do Companies Care About Their Stock ...
    Investing Basics

    Why Do Companies Care About Their Stock ...

  2. Evaluating A Company's Management
    Active Trading Fundamentals

    Evaluating A Company's Management

  3. What Are Corporate Actions?
    Bonds & Fixed Income

    What Are Corporate Actions?

  4. Knowing Your Rights As A Shareholder
    Investing Basics

    Knowing Your Rights As A Shareholder

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center