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Viewpoint Diversity and What Can Be Done About It

There are venues for activists and individuals pursuing political or legal outcomes: the ballot box, the courts, the town square. But over the years, it’s grown increasingly popular for activist groups to use the annual meetings of publicly traded companies to push their desired, often fringe, political agendas.  However, these activist shareholder proposals are sometimes met with differences of opinion among employees or the company’s directors.
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Let Business Do What They Do Best: Business

Shareholder meetings, which are required annually by the SEC, used to be a time to conduct real business. Directors and audits were ratified. Ownership of shares was reviewed. Executive compensation was discussed. But while no one was looking, activists used this corner of the business world to begin pushing companies to take actions outside their scope or make unnecessary political statements.  Using Amazon purely…
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Harness Your Shareholder Power

Too often as shareholders, we passively invest a portion of our earnings and trust an advisor to purchase shares in companies that will yield a high return. We might go as far as checking our account every couple of months, but we are just patiently awaiting the day we get to reap what we’ve sown. Out of sight, out of mind. But what some shareholders don’t realize is that by…
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Open Letter to BlackRock CEO Larry Fink

April 15, 2020 Mr. Lawrence Fink, Chief Executive Officer BlackRock, Inc. Park Avenue Plaza 55 East 52nd Street New York, NY 10055-0003 Dear Mr. Fink, As the nation stands at the edge of an economic precipice and stares into it bleakly, you and your firm, the largest asset management company in the world, play an important role in calming fears, easing worries, and promising a return…