Despite a strong company record on diversity, Minnesota-based retailer Target embroiled itself in a stew of controversy and boycott last summer after revelations that it gave a remarkably generous fraction of the corporate treasury to an organization which supported a politician some considered a bigot.
Now the firm faces a shareholder resolution on its corporate political activities. Still, Target isn’t alone. More than 45 firms could face proxy initiatives on disclosing and accounting for their political donations this year. Since such resolutions were first filed in 2004, shareholders are increasingly inclined to support them.
Here's What Happens When Your Shareholders Catch You Spending Money On Politics
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