Quiet, Pesky Shareholders!

Document Type

News Article

Publication Date

6-12-2017

Abstract

Republicans aren’t just trying to gut Dodd-Frank. They’re also trying to make corporations less accountable to their small investors.

Just one day before President Trump announced to the world his intention to withdraw the United States from the Paris climate agreement, a stunning revolt occurred at Exxon Mobil’s annual shareholder meeting. A large majority of shareholder votes—62.3 percent—were cast in favor of a proposal asking the oil and gas behemoth to produce a yearly evaluation of the long-term business impacts posed by global initiatives designed to reduce climate change.

Publication Title

Slate Magazine

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