So what is the benefit if end-investors know how the companies they hold shares in spend money on political causes? No point disclosing, it might just raise the blood pressure of those who disagree with specific donations. And what about spending by the vast - and growing - universe of quasi 'Private' companies in the PE sector? They are as much owned by Joe Six pack and do not give the slightest look in about their political or other lobby spending.
(20-Jan-2019)
Mutual Fund Voting on Corporate Disclosure
John blogged earlier this month about the governance implications of the
DOJ’s fraud enforcement initiatives. A report issued last week by the U.S.
Governm...
17 hours ago
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