Shareholder Activists Take on Corporate Political Spending

Rampant corporate political spending is getting attacked by shareholders concerned about bottom line

Political Spending And Lobbying by James R. Copland and Margaret M. O’Keefe, Proxy Monitor Introduction In 2016, a shareholder proposal concerning corporate political spending received majority shareholder support over board opposition—the first such result among 455 such proposals introduced over the last 11 years. There was no overall increase in shareholder support for political-spending-related proposals, however,…

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