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
Whatever you may think of the Trump Administration’s policies, you have to
admit that these folks are positively elite when it comes to generating new
risk...
1 day ago
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