This was easy. For three blankers, read and understand slowly what the sentences are implying.
The premise that corporations are (i)___________to the opinions of their stockholders is a concept underlying much of modern investment advice.But in a world where the exhortations of even the largest shareholders are (ii)___________by many of the world’s biggest companies, it can be difficult to imagine how these monoliths might be influenced. The first sentence tells us that in the corporations, the opinions of the stakeholders are
taken into consideration and it is the basic premise in the modern investment advice. So
subjected toSecond starts with BUT.
It means that exhortations (persuasions) of even the largest stakeholders are
dismissed by many big companies.
trivialized and disregardedThough most large companies are publicly owned, businesses with omnipotent boards of directors are so (iii)___________that changing the current system seems almost futile.The big companies are public ones but the board of directors are everywhere and their businesses are
so spread out that changing the system is a
waste.
pervasive
_________________