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The Power of Your Voice Doesn’t End at the Annual Meeting

Philanthropy in business should be celebrated. But regardless of what cause the company is promoting, the success of the company must remain the priority. If you own shares – even if you own a 401k – you should pay attention to the reputational risks involved with companies’ charitable dollars. Where they give, and where they refuse to give, could impact your financial future. Just ask Amazon.
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Viewpoint Diversity: Why It’s Good for Business 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 has grown increasingly popular for activists to use the corporations’ annual meetings to push their political agendas. Whether their agendas are fringe or mainstream is irrelevant. If activists push for it, voting against it puts the company’s “morality” on the line.
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Let Business Do What They Do Best: Business

Shareholder meetings, which the SEC requires annually, used to be a time to conduct real business. Shareholders and the board took on relatively mundane tasks. They ratified directors and audits, reviewed share ownership, discussed executive compensation, and the like. But while no one was looking, impact investors and political activists realized they could use this corner of the business world to their advantage. Slowly but surely,…
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Harness Your Shareholder Power

Too often as a shareholder, we are passive with our decisions in the stock market. We 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 to reap what we’ve sown. Out of sight, out of mind. But what most shareholders don’t realize is that…
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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…