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Facebook investors don’t seem to care much about fake news, pay equity or shareholder voting rights. That’s the casual takeaway from the results of votes at Facebook’s annual meeting last week.

But the fine print makes it clear that there’s one person in particular who’s skeptical about scrutinizing those issues: Mark Zuckerberg.

Zuckerberg controls a majority of Facebook’s voting rights despite holding just a 14% stake in the company. He owns 0.1% of the Class A shares that trade hands every day on the public markets, but 77% of the Class B shares that are mostly held by a small group of insiders. Those Class B shares have 10 times the voting power of an A share, giving Zuckerberg 53% of the vote (and because of an agreement with another co-founder, Zuckerberg actually controls 60% of the vote).

In fact, he may be able to hold onto his power even as he invests or gives away the majority of his shares.

Zuckerberg has previously defended this structure by reminding shareholders of the smart long-term decisions he’s made in the past: buying Instagram for $1 billion in 2012 and passing up Yahoo’s offer to buy Facebook for $1 billion in 2006, for instance. If shareholders had gotten a vote, they might have gone the other way. In short, Mark knows best and shareholders should just be willing to come along for the ride.

But there’s more to Facebook than its earnings power. And shareholders often care about more than just the bottom line. A recent successful shareholder campaign will force Exxon to test the impact of climate change policies on its oil assets.

Facebook has become an enormously powerful information source, and it was blamed during the 2016 election for taking few measures to tamp down false rumors spreading on its platform. After downplaying Facebook’s role, Zuckerberg agreed to try some new ways to slow the spread of false information.

Its workplace practices, including decisions on hiring and promoting women and minorities, resonate throughout Silicon Valley and the rest of the country. Zuckerberg himself has been mentioned as a possible presidential candidate, and his company has control over the data of hundreds of millions of Americans.

At the annual meeting, shareholders brought up proposals to force Facebook to disclose its political lobbying, issue reports on how its combatting online harassment and assess pay equity. They also tried to change the share structure to reduce Zuckerberg’s influence and make sure the chairman of the board is independent. All of those proposals failed. There’s one boss at Facebook, and he’s not budging.

Big Picture: Facebook’s lack of shareholder influence was on stark display at the company’s annual meeting this month.