About one-third of shareholder resolutions this year are asking corporations to be more transparent about their political spending and lobbying, according to a recent study by the Sustainable Investments Institute cited by the Washington Post. That adds up to 109 shareholder resolutions on the topic facing votes at annual meetings.
Shareholders may have good reason to demand more transparency, aside from democratic ideals. The more corporations spend on political campaigns, the lower their stock price, according to a recent study.
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