1. Activist Shareholders Urge Chevron to Stop Spending Money on Politics

    Activist Shareholders Urge Chevron to Stop Spending Money on Politics

    Activist shareholders are pushing Chevron to stop using corporate money to influence elections, part of a growing effort to raise awareness about money in politics after the oil company spent an unprecedented $3 million last year to sway Richmond voters...

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    1. From a tangible standpoint it's not much, but from an intangible standpoint it does allow for greater disclosure so you can figure out where the money is going and that's important for the larger integrity of our system.
    2. These types of resolutions are a critical way to gain greater transparency, which is essential for protecting shareholders since they need this information to weigh whether companies end up damaging their brand by becoming embroiled in hot button issues or supporting candidates who don't hold the view shared by their customers.
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