Free Enterprise Project Blasts Proxy Advisor Institutional Shareholder Services For Opposing Viewpoint Diversity
View this email in your browser ([link removed])
[link removed]
Costco Shareholders Counseled to Vote for Shareholder Proposal Seeking Ideological Balance on Board of Directors
** Free Enterprise Project Blasts Proxy Advisor Institutional Shareholder Services For Opposing Viewpoint Diversity
------------------------------------------------------------
Bellevue, WA/Washington, D.C. – Costco shareholders are urged to support a shareholder resolution submitted by the National Center for Public Policy Research’s Free Enterprise Project ([link removed]) (FEP) calling on the warehouse giant to expand its board’s nominating and governance policies to consider viewpoint diversity when it seeks new board candidates.
Costco’s annual meeting of shareholders is scheduled to take place tomorrow at 4PM local time in Bellevue, Washington. National Center General Counsel and FEP Director Justin Danhof, Esq. ([link removed]) , the author of the resolution, will present it for consideration at the meeting.
FEP’s proposal notes that:
boards that incorporate diverse perspectives can think more critically and oversee corporate managers more effectively. By providing a meaningful disclosure about potential Board members, shareholders will be better able to judge how well-suited individual board nominees are for the Company and whether their listed skills, experience and attributes are appropriate in light of the Company’s overall business strategy…
True diversity comes from diversity of thought. There is ample evidence that the many companies operate in ideological hegemony that eschews conservative people, thoughts, and values. This ideological echo chamber can result in groupthink that is the antithesis of diversity. This can be a major risk factor for shareholders.
CONTINUE READING ([link removed])
Share on social media
[link removed] Share ([link removed])
[link removed] https%3A%2F%2Fnationalcenter.org%2Fncppr%2F2020%2F01%2F21%2Fcostco-shareholders-counseled-to-vote-for-shareholder-proposal-seeking-ideological-balance-on-board-of-directors%2F Tweet ([link removed] https%3A%2F%2Fnationalcenter.org%2Fncppr%2F2020%2F01%2F21%2Fcostco-shareholders-counseled-to-vote-for-shareholder-proposal-seeking-ideological-balance-on-board-of-directors%2F)
[link removed] Forward ([link removed])
Please also consider making a donation ([link removed]) to help out the Free Enterprise Project. Your support makes the Free Enterprise Project possible. Thank you.
DONATE NOW ([link removed])
============================================================
CONNECT WITH US
** Twitter ([link removed])
** Facebook ([link removed])
** YouTube ([link removed])
** Website ([link removed])
Copyright © 2020 The National Center, All rights reserved.
You are receiving this email because you opted in via our website.
Our mailing address is:
The National Center
20 F Street NW
Suite 700
Washington, DC 20001
USA
Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.