When Tech firms like PayPal start to get involved in censoring media outlets it is time for the owners to stand up and be counted. #Vanguard #Blackrock #StateStreet and other major fund managers cannot stand idly by and wash their hands of the critical debate about Free Speech. Investing cannot be just a numbers game, a sort of casino if you want to call it that. And management cannot be operating in a vacuum. Selling the shares is not an option either - first of all the mania for indexing makes it impossible for many funds to sell the shares. It is also a sign of cowardice not to stand up for the principles of a free society. The debate should also be about the responsibility major financial institutions have due to their control of the major media companies (in conjunction with a small clique of superrich individuals/families)
(25 Sept 2022)
I shared some D&O questionnaire considerations on The Proxy Season Blog in
early December that I thought would be worth distributing more widely here
since...
1 day ago
