Home
/
RELIGION & LIBERTY ONLINE
/
Religious Activists Petition SEC for Greater Corporate ‘Disclosure’
Religious Activists Petition SEC for Greater Corporate ‘Disclosure’
Mar 29, 2026 8:17 AM

“Byrdes of on kynde and color flok and flye allwayes together,” wrote William Turner in 1545. If he were with us today, the author might construct an interesting Venn diagram representing the activist birds scheduled to testify tomorrow before the Securities and Exchange Commission. But, rather than briefly overlapping sets of circles, the SEC witnesses for greater corporate prise one giant bubble of activists seeking to circumvent the U.S. Supreme Court Citizens United ruling, including Laura Berry, executive director, the Interfaith Center on Corporate Responsibility.

Berry joins a gaggle of like-minded individuals who somehow think the country benefits from forcing “publicly panies to disclose their political spending,” according to a joint Public Citizen’s Congress Watch/Columbia Law School Public Affairs media advisory. Among Berry’s peeps clamoring for tightening SEC rules are Heidi Welsh, Sustainable Investments Institute; Pat Doherty, Office of the New York State Comptroller; and Sen. Elizabeth Warren (D-Mass.).

ICCR, readers will recall, routinely bombards corporate America with shareholder proxy resolutions which form a dense cloud, much like the swallows returning annually to Capistrano. These resolutions call pany disclosure of political and advocacy donations, which “allow shareholders and voters to hold executives accountable for political spending,” as quoted by Supreme Court Justice Anthony Kennedy in the media alert.

This clarion for executive accountability amounts to little more than naming the recipients of corporate donations in an attempt to shame and bully panies to cease such contributions to groups such as the American Legislative Exchange Council, the U.S. Chamber of Commerce, The Heartland Institute and the American Council on Science and Health. Research and advocacy from these groups, it should be noted, are the firewall between the protection of corporate interests – and therefore the interests of shareholders, employees and consumers – and unfettered liberal ideology pertaining to such practices as hydraulic fracturing, climate change and genetically modified organisms.

It’s anticipated Berry and her murder will grouse in favor of proposed rules presented by several law professors – including Robert Jackson, Columbia Law School, also testifying tomorrow – who petitioned the SEC for corporate lobbying and donation disclosure in 2011. One also can anticipate frequent references to the ments trumpeting increased disclosure on the SEC website. Many of ments acknowledge corporate expenditures on donations and lobbying often are miniscule, but claim the sheer volume of advocates for disclosure renders the need imperative. A perfunctory glance, however, reveals ments are Astro-turf, mustered from less than a dozen sources, including shareholder activists, unions and leftist organizations.

In other words: horse feathers.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Burrito Bomb: Anti-GMO Chipotle Needs a Business Model Reality Check
Wednesday’s Wall Street Journal reported on startup Intrexon Corp.’s efforts to eradicate pests responsible for inflicting “billions of dollars a year in lost revenue and crop-protection expenses.” The pests in question are diamondback moths that wreak havoc on cabbage, broccoli and cauliflower crops, and the efforts involve genetically modifying females of the species so they die before reproducing. WSJ writer Jacob Bunge adds that a GMO potato developed by J.R. Simplot Co. that develops fewer black spots from bruising recently...
Star Wars Discussion at Watchdog.org
Happy Star Wars day! The new Star Wars, Episode VII: The Force Awakens, opened across the US and worldwide today, and I can’t tell you anything about how well it’s doing. I’ve been avoiding Googling it because I’m a huge nerd and I don’t want to accidentally uncover any spoilers. (I haven’t seen it yet.) But I do know that the presales were over $100 million. So even if people end up hating it, it’s already done pretty well. (Not...
Joy for the World: Restoring the Joy of God to Cultural Witness
Over the last century, Christianity has declined in social influence across much of the Western world, leading many to believe it has little place or purpose in public life. In response, Christian reactions havevaried, with the more typical approachesbeingfortification (“hide!”), domination (“fight!”), or modation (“blend in!”).In each case, theresponse takes the shape of heavy-handed strategery or top-down mobilization, whether to or from the hills. And yet the cultural witness of the church ought to flow (or overflow) a bit differently....
Africans Raise Awareness (and Provide Radiators) to Aid Frozen Norwegians
“Do They Know It’s Christmas?”, firstreleased in 1984 as part of Band Aid, is definitely, as Jordan Ballor says, “worst Christmas song ever.” Last year it was recorded again (for the fourth time in thirty years!) by well-intentioned but misguided musicians who wantedto raise awareness and funds for Africa. But why don’t Africans everyraise awareness and aid for Westerners? Fortunately, one group of Africans has united to save Norwegians from dying of frostbite. By joining Radi-Aid, you too can donate...
What Bernie Sanders (and High School Guidance Counselors) Get Wrong About College
I mostly blame high school guidance counselors for our current confusion about college. Don’t get me wrong, most counselors are fine, well-intentioned people. When I was a recruiter for the Marines in the mid-1990s I met dozens of them and appreciated the work they did. But as a group they tend to have a more-or-less unstated mantra: All kids should go to college. If a high school student expressed a very strong interest in the military or trade school (or...
The Economics of Bedford Falls (Part III)
[Note: This is the finalpost in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one hereand part two here.] Economist Don Boudreaux recently outlined ten foundational lessons that should be learned in every well-taught principles of economics course. Examples of nearly all of the ten lessons can be found in Capra’s Christmas classic, but for the sake of brevity I’ll merely highlight two...
Pastors, Pulpits, and Politics
This week’s Acton Commentary is adapted from an introduction to a ing edited volume, The Church’s Social Responsibility: Reflections on Evangelicalism and Social Justice. The goal of the collection is to bring some wisdom to principled and prudential aspects of addressing plex questions related to responsible ecclesial word and deed today. A point of departure for the volume is the distinction between the church conceived institutionally and organically, perspectives formalized and popularized by the Dutch Reformed theologian and statesman Abraham...
Cast your vote now for the worst Christmas song — ever
OK, this is going to be a tough call. But Acton Research Fellow Jordan Ballor has bravely stepped up with his nominee for the “Worst Christmas Song Ever” in a piece for Patheos. His pick? Band Aid’s syrupy “Do They Know it’s Christmas?” Ballor reminds us that the song … … was released in 1984 as part of Band Aid, an effort organized by Bob Geldof in response to a famine that struck the east African nation of Ethiopia. The...
Paris and the low-carbon conceit of climate activism
Regular readers of this space should consider themselves warned. In the wake of the United Nations Framework Convention on Climate Change (UNFCCC, or COP21), so-called “religious” shareholder activists are intent on ruining investments, crashing the economy and doubling down on their efforts to promote energy poverty throughout the world. But don’t take my word for it. Here’s James Corah, Secretary to the Church Investors Group: “Collaborative engagement amongst Church investors has driven significant change in corporate behavior in recent years....
The Economics of Bedford Falls (Part II)
[Note: This is the second post in a series highlighting some of the financial aspects and broad economic lessons of Frank Capra’s holiday classic, It’s a Wonderful Life. You can find part one here and part three here.] George’s Life Savings in a Life Insurance Policy George attempts to secure a loan from Potter based on his life insurance policy. He says it has a $15,000 face value and a $500 cash value. Why is his life insurance policy worth...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved