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May 09, 2013

Anti- ‘Social Justice’ Shareholder Resolutions

There has been ample evidence presented in the past several years to suggest shareholder activism exhibited via proxy resolutions not only wastes time but, as well, corporate funds. And yet, unions and “social justice” advocates such as the Interfaith Center on Corporate Responsibility and As You Sow perpetuate the practice to the detriment of targeted companies. Continue Reading...
May 09, 2013

The Market is a Moral Teacher

Does the free market encourage moral behavior? Virgil Henry Storr, Research Associate Professor in the Department of Economics at George Mason University, recently wrote a report called “The Impartial Spectator and The Moral Teachings of Markets.” Continue Reading...
May 08, 2013

Verizon Shareholders Reject Net Neutrality Resolution

Last week, Verizon Communications Inc. shareholders rejected a wireless network neutrality proxy resolution from two prominent Interfaith Center for Corporate Responsibility members, Nathan Cummings Foundation and Trillium Asset Management Corporation. As this writer noted in a March 28, 2013, blog post concerning a similar proxy resolution submitted to AT&T Inc., Continue Reading...
May 07, 2013

Rev. Sirico: Fighting Poverty through the Free Market

At the beginning of the month, Rev. Robert Sirico traveled to El Salvador to speak at ENADE XIII (Encuentro Nacional de la Empresa Privada,). This event is put on every year by the National Association for Private Enterprise of El Salvador and its theme this year was “bettering business, transforming lives.” Continue Reading...