Some advocates say investors shouldn’t underestimate shareholders’ ability to sway a company’s views. Dustin DeVito is the director of research at the nonprofit 1792 Exchange, which encourages corporations to promote free speech, freedom of religion, and free enterprise. He said company executives sometimes aren’t aware of what’s happening down in the trenches of their businesses’ day-to-day operations, and all they may need is for shareholders to bring a concern to their attention.
“When issues are being voted on at a company’s annual general meeting, if you have shares in a company, you have a vote,” explained DeVito. “If you have shares, you have the ability to get in touch with investor relations … [and] have those conversations with the executives.”
DeVito also said that CSAM is a new part of the social discussion—one that companies don’t have decades of experience dealing with.
“People have not really been taking this seriously or talking about it in a comprehensive way until very recently,” DeVito said. “So just based on just where these companies have been over the past few years, I think there really is a chance for people to have direct engagements with the executives.”
The full article can be found in WORLD.