December 20, 2014

Who's Afraid of Shareholder Democracy?

http://truth-out.org/news/item/28126-who-s-afraid-of-shareholder-democracy
"The U.S. Chamber of Commerce, one of biggest corporate trade associations, and ALEC, one of biggest corporate lobbying groups are both startlingly hostile to shareholders. At two recent meetings in Washington DC, these two powerful groups -- who frequently hold themselves out as speaking for the business community -- grumbled about shareholders being too pushy.
In particular ALEC and the Chamber don't like that one of the top topics of shareholder resolutions over the past few years has been transparency of political spending both in elections and in lobbying expenditures."