By: Jeremy Mulvihill
on October 12, 2018
Should corporations disclose their political contributions to shareholders? That’s the question at the center of the Corporate Political Disclosure Act of 2018, which would direct the Securities and Exchange Commission (SEC) to issue regulations to require public corporations to disclose political expenditures.
Regulators aren’t the only ones pursuing this issue. So are investors, and they seem to be gaining support. You might be able to have a say, too.
Activist investors increasingly use the proxy voting process to push for corporate environmental, social, and governance improvements, including disclosure on political influence and spending.