Shareholder Activism
RESPONSIBLE WEALTH SHAREHOLDER ACTIVISM
Shareholder actions are a vital tool in raising awareness about the need for corporations to take into account the needs of shareholders beyond those in the board room. The goal of shareholder resolutions is to force shareholders to think beyond the interests of those around the table and consider the company's larger role as a corporate citizen. Since 1998, Responsible Wealth members have filed over 60 shareholder resolutions on issues ranging from extreme CEO pay to predatory lending.
How does it work?
To file or co-file a shareholder resolution, a stockholder must have owned a minimum of $2,000 worth of the company's stock continuously for at least one year. In addition to filing resolutions, Responsible Wealth members also co-file resolutions that are filed by others and assign their proxies to allow others to represent them at annual meetings.
If you are interested in participating in Responsible Wealth's shareholder work, please contact Mike Lapham, Responsible Wealth Project Director at mlapham@responsiblewealth.org or 617-423-2148 X112. For media inquiries, please contact Mazher Ali, Communications Coordinator at mali@faireconomy.org or 617-423-2148 X101.
Shareholder Resolutions Archive
