http://www.nytimes.com/2013/12/04/opinion/keeping-shareholders-in-the-dark.html?emc=eta1&_r=0
Last week, the S.E.C. unwisely removed from its regulatory agenda a plan
to consider a rule to require public companies to disclose their
political spending -- even though the case for disclosure is
undeniable... Without disclosure, shareholders have no way to assess
whether corporate political spending benefits them, and every reason to
believe it is fraught with risks to the corporate brand, business
reputation, the bottom line and, by extension, shareholder returns.
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