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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.
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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.
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Search results for 'Gadfly'
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http://www.investopedia.com/articles/financial-theory/08/carl-icahn-lift.asp
... million. Conclusions Descriptions of Carl Icahn range from vulture capitalist
to greenmailer to gadfly to shareholder activist. ...
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http://stocks.investopedia.com/stock-analysis/2011/Icahns-Largest-Positions-GENZ-BIIB-CHK-AMLN-LGF0113.aspx
... (NYSE:LGF). 912.51M. 5.23%. Bottom Line. Descriptions of Carl Icahn range from vulture
capitalist to greenmailer to gadfly to shareholder activist. ...
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http://financialedge.investopedia.com/financial-edge/1211/Kim-Jong-Ils-Death-And-The-Markets.aspx
... The most likely scenario is that things go on as before; North Korea remains a gadfly
and does its level best to convince the world it's crazy and unstable, so ...
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