If majority of shareholders have strong opinion on the matter then it is significant, because that means they would prefer if their shares were associated with such thing. If they would prefer that, it means they want their shares slightly less without it. Which means they are worth less to them. Public companies are a mess.
> If majority of shareholders have strong opinion on the matter then it is significant
The process of determining whether a majority of shareholders have an opinion about anything is costly and tedious. That said, this doesn't appear to be a meaningless question from a shareholder perspective.
