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
Last week, the SEC’s Office of the Investor Advocate – which is also known
as the “OIAD” – announced that it had delivered this 24-page report to
Congress ...
22 hours ago
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