Political, Social, and Environmental Shareholder Resolutions:
Do They Create or Destroy Shareholder Value?

Political-charged shareholder resolutions have garnered significant attention in recent years. But what is their effect on shareholder value and on broader issues that affect the livelihoods of millions of Americans, company governance and critical resources that will shape the future of companies and jobs?

A new study commissioned by the National Association of Manufacturers looks into the increased use of these politically-charged proposals, and concludes that activist resolutions targeted at prominent corporations can harm shareholder returns and are ultimately an ineffectual substitute for sound policy making via the political institutions of democracy.