Comments SanfordLewis has made

Consider the Hidden Liabilities

The Chamber's report is most misleading in its failure to consider the reality that shareholder advocacy flags corporate liabilities. When shareholders raise issues on environment or human rights, it is often intended to get a company to engage in preventive or remedial efforts to solve an under-attended liability. By bringing serious concerns and weaknesses to light, a resolution may indeed yield a lower stock price - that's not a bad outcome, it's the market responding to better information.

An underlying problem is that Securities regulators aren't policing corporate disclosures on these issues; it is left up to shareholders to press the issue through shareholder resolutions.

The Investor Environmental Health Network published a report, Toxic Stock Syndrome, earlier this year demonstrating how poorly companies disclose their liability risks regarding toxic products. (I'm the author). See http://iehn.org/publications.reports.toxicstock.php also see my discussion of related issues at  http://www.youtube.com/watch?v=0TjikdMoW-YOn Study claims shareholder and climate activism are bad for stock prices posted 1 year, 3 months ago 7 Responses