An example of stockholder revolts was one that was made against Exxon.
The company's climate change policy.
In the year 1998, the Rockefeller family was said to have pioneered a shareholder revolt and this was said to be made against Exxon over the issue of the company's climate change policy.
Exxon still holds the fact that their present green technologies was said to be not financially viable and as such, In the US, there were said to be three advisory firms who did urged fund managers to be in support the Rockefellers' resolution. The result of the vote was said to be not binding on Exxon but the company as well as its board did act to reconsider any of its policies that was known to have been challenged by the shareholder resolutions.
Therefore, An example of stockholder revolts was one that was made against Exxon.
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