Social Impact
The Harvard Law School Forum on Corporate Governance post on the politicization of social responsibility gives you loads to ponder. It says that their research “reveal[s] a clear and significant relationship between state-level politics and institutional investors’ voting behavior. Specifically, institutional support for SRI proposals is 4.1 percentage points lower for firms headquartered in Republican-led states, representing a 13% decline relative to the average support level across the sample. Moreover, the association between state-level politics and SRI voting has become more pronounced recently. “
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