McDonald's Corp investors soundly rejected a shareholder proposal that would have required the world's biggest fast-food chain to assess its impact on childhood obesity.
The subject was a major topic of discussion at Thursday's annual shareholder meeting, which also served as a send-off for retiring chief executive Jim Skinner - whose nearly eight years at the helm will be remembered as a time when the price of McDonald's stock tripled.
The shareholder proposal, which also failed last year, returned amid growing concern over the social and financial costs of obesity in the United States and around the world - not only in terms of healthcare-related expenses but also lower worker productivity and diminished quality of life.
Nearly one-third of United States (US) children are overweight or obese.
Citation: http://www.straitstimes.com/BreakingNews/World/Story/STIStory_803020.html
It has already been clear that foods served by McDonald's are likely to cause obesity. It is not those concerned with McDonald's but parents who have responsibility to prevent their children from making them fat.
Though I don't know there are enough restaurants to get healthy foods, there are many ways to avoid McDonald's foods.
