In Election Year, Shareholders Tackle Politics
Politics and investing shouldn't mix. This election year, many shareholder advocates are pushing hard for corporate political spending disclosure.
Shareholder activists As You Sow, Sustainable Investments Institute, and Proxy Impact have released their annual Proxy Preview , revealing that corporate political spending resolutions make up nearly one-third of all social and environmental shareholder proposals this year. This is an increase from last year, when just a quarter of such proposals dealt with political spending issues.
The people vs. the corporate people
Political spending's influence on the marketplace has been a brewing issue since the Citizens United case in 2010. That Supreme Court decision opened the floodgates for companies and unions to direct money toward attempts to skew elections to their own benefit. Lobbying is a market-distorting use of capital , too.






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