Corporate governance has become increasingly politicized in recent years, with very real consequences for investors and financial institutions of all kinds. From a looming funding crisis facing the nation’s public pension system to the emergence of quasi-regulators operating with unchecked powers and limited scrutiny, there has been increased focus on politically motivated investments, often at the expense of traditional fiduciary responsibility aimed at maximizing returns.
ACCF and Bipartisan Policy Center: As the role of businesses in society evolves, a government rethink is critical
On February 7, the ACCF joined Bipartisan Policy Center for a panel discussion explore how private sector leaders are responding to the growing role of corporate governance in public policy.
"It can start with disclosure, and then goes to, why haven't you reached X?" says Tim Doyle, vice president for policy with the American Council for Capital Formation. "It's the beginning of a slippery slope when a shareholder recommendation turns into things that shareholders can ask for in the future."
Research & Publications
ACCF Report Finds Numerous Asset Managers Voting in Lockstep with Proxy Advisor Recommendations
ACCF-commissioned research confirms alarming practice of robo-voting is real and quantifies scale of proxy advisor errors
EXECUTIVE SUMMARY As the trend of Environmental, Social, and Governance (“ESG”)1 investing has risen, so too has the influence and relative importance of ESG rating...