Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Resolutions and the ‘God Card’
Shareholder Resolutions and the ‘God Card’
Jan 26, 2026 1:35 PM

The progressive politicization of certain religious orders hurries apace, especially as we enter the season of shareholder activism, proxy ballot initiatives and “corporate social responsibility” lectures from religious groups and churches. This year may generate even more activity as a result of the left’s renewed efforts to undermine Citizens United vs Federal Election Commission.

Because many religious organizations are also shareholders in public corporations, their investments grant them a proxy voice in corporate policies. Unfortunately, this voice too often is used to promote policies that are often indistinguishable from secular-left political causes and may have little connection to the tenets of their respective faiths.

One oft-stated goal of these activists is “transparency.” They claim to rectify the perception the Supreme Court ruled erroneously in Citizens United when it declared unconstitutional the placing of limits on corporate and union political spending. But these attempts to pass transparency rules and regulations extend far beyond mere campaign funding by requiring that all corporations publicly divulge the recipients of their charitable giving.

The real aim of these efforts is to shame pany in question to reduce or eliminate altogether charitable funding of groups out of favor with the corporate social responsibility, or CSR, crowd – groups that lobby, research, publish and campaign on issues that conform to the progressive or “social justice” agenda.

These initiatives are in tandem with two federal announcements last month. On Jan. 9, the U.S. Securities and Exchange Commission said it would submit by April a “Notice of Proposed Rulemaking,” which would panies to disclose their political spending. Another attempt to perform an end run around Citizens United is New York State Comptroller Thomas DiNapoli’s revelation that his office is seeking greater transparency of panies that make political contributions.

The SEC and DiNapoli announcements coincide with the proxy shareholder season of corporate governance. During this period, any shareholder owning more than $2,000 in corporate stock or 1 percent of pany may introduce policy changes they deem important.

The rising tide of shareholder activists from religious orders has even prompted coinage of the phrase “the God card” by Sister Patricia Daly to connote a sense of moral authority for clergy and other religious who promote secular progressive causes in corporate boardrooms.

As noted by Acton’s Joe Carter, there is nothing intrinsically wrong when clergy, nuns and other religious bring their individual social and political views into the corporate boardroom. It es worrisome, however, when clerical collars and habits e a Trojan horse for promulgating progressive policies that don’t necessarily reflect the teachings of the religious institutions to which the professed religious belong.

In fact, there exists a close alignment between the causes championed by Sr. Daly and the Sisters of St. Dominic’s and the very same issues listed as policy priorities by such progressive organizations as the George Soros-funded Media Matters for America. This group launched the Conservative Transparency website in 2009 specifically to monitor corporate donations to conservative organizations.

The Sisters of Charity’s professed aim to “actively promote changes in corporate practices to achieve social and economic justice, a sustainable Earth and mon good” prompted Carter to state: “The Sisters aren’t interested so much in advancing a Catholic position as they are principles that could be accepted by any secular liberal.”

The Sisters of Charity, the Sisters of St. Dominic and other religious activists in the boardrooms and annual meetings do not speak for all the faithful within their respective traditions. Although, from ments and activism, you might assume they are doing just that. Instead, they seek to further an agenda either antithetically opposed or – as with the blatant attempts to circumvent Citizens United with calls for corporate donation transparency – totally unrelated to their respective vocations.

Corporations may acquiesce to transparency demands from shareholders or decide to pursue it as policy, which is their prerogative. They have their shareholders to answer to, after all. What’s more, religious activists on the left may choose to divest shares in favor of investing panies more aligned with their principles. But if they did that how could they hector executives and directors about “social responsibility” panies they’ve targeted for social reform?

Should the SEC or other government entities step in to require such disclosures the negative impact on free speech would be immeasurable. Subsequent reprisals from progressive activists may ricochet throughout the pany, the workforce it employs, the shareholders it enriches, and the customers it serves.

If you have your own examples and cases of how progressives are employing shareholder activism, CSR principles and the “God card” to further an agenda that may have nothing to do with corporate best interests, feel free to add them to ment box below.

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
So God Made Paul Harvey
Last night millions of young Super Bowl viewers were introduced to one of the most influential conservatives in modern America. And it was done with mercial. Rush Limbaugh is often credited with the dubious honor of bringing conservative talk radio to the masses. And it is certainly true that Rush paved the way for Hannity, O’Reilly, and other pundits by perfecting the three-hour babblefest. But the true pioneer and undisputed king of conservative radio is Paul Harvey, a man who...
The Plan to Save Catholic Schools
In the Wall Street Journal, Cardinal Timothy Dolan explains how Catholic Schools bat falling enrollment while keeping standards high: I have heard from many leaders in business and finance that when a graduate from Catholic elementary and secondary schools applies for an entry-level position in panies, the employer can be confident that the applicant will have the necessary skills to do the job. Joseph Viteritti, a professor of public policy at Hunter College in New York who specializes in education...
The Return of Intercollegiate Review
The Intercollegiate Studies Institute (ISI) recently relaunched their flagship publication, Intercollegiate Review, and added a brand new daily website, . As panion site to the decades-old magazine, the online daily will mainly serve undergraduate readers interested in learning more about the principles of conservatism. Here are some of the featured stories you should check out: ·The Five Lamest Core Courses in America: In lieu of a solid core curriculum, what courses do students take at elite schools in America to...
Christians in the New Industrial Economy
The Acton Institute recently partnered with the Christian History Institute to produce the latest issue of Christian History magazine. The issue (which you can download as a free PDF) examines the impact of automation on Europe and America and the varying responses of the church to the problems that developed. Topics examined are mission work, the rise of the Social Gospel, the impact of papal pronouncements, the Methodist phenomenon, Christian capitalists, attempts munal living and much more. Check out these...
The Superbowl: The New Day of Solidarity
If there is one day where young and old, Republican and Democrat, black and white, the 99% and the 1%, put down their weapons and disputes, it is on Superbowl Sunday. The game, the ads, the food, and so on, turned Superbowl Sunday into a major spectacle. The spectacle has not gone unnoticed among religious leaders. In fact, as Superbowl viewership has increased to over 100 million in recent years so has the fort about the game and the spectacle....
Video: The Sirico-Winters Debate on Government’s Role in Helping Poor
On Monday, Jan. 28, The Aquinas Institute for Catholic Thought in Boulder, Colo., hosted its Sixth Annual Great Debate which addressed the question, “Can the free market adequately care for the poor?” Acton President and co-founder Rev. Robert A. Siricoargued for the side of the free market, debating Michael Sean Winters, a writer for National Catholic Reporter. Watch the entire debate here: Can the Free Market Adequately Care for the Poor? from Aquinas Institute on Vimeo. ...
Audio: Samuel Gregg Discusses ‘Becoming Europe’ on the Jack Riccardi Show
Recently Samuel Gregg talked with Jack Riccardi from KTSA 550 San Antonio about Gregg’s new book ing Europe. Listen to the entire interview here: [audio: Theodore Dalrymple also recently reviewed ing Europe on the Library of Law and Liberty’s Liberty Law Blog. He said: In this well-written book, Samuel Gregg explains what can only be called the dialectical relationship between the interests of the European political class and the economic beliefs and wishes of the population as a whole. The...
Celebrating Liberty During Black History Month
Since the 1970s, Black History Month has been a time to focus on some of the highlights of the black experience in America. In 2009, Jonathan Bean put together a wonderful book recounting the vital role liberty played in the American black experience. In Race and Liberty In America: The Essential Reader, Bean demonstrates that from the Declaration of Independence to the Civil Rights Act of 1964 to the 2007 U.S. Supreme Court decision banning school assignment by race, classical...
Belief Without Action: Becoming a Shell of Who You Are
“The Constitution protects your right to believe and worship, not force your beliefs on others.” That’s a response Acton received via Twitter regarding a blog post on the HHS Mandate. This type of statement is a typical one in our society: you can believe whatever you want, but don’t force your beliefs on anyone else. Religious belief and worship should be a wholly private affair; bringing your beliefs into the public square constitutes “forcing” them onto others. In the latest...
The FAQs: Obamacare’s Contraceptive-Abortifacient Mandate
On Friday the Obama administration proposed a rule that it says will appease the concerns religious organizations have about the controversial abortion/contraceptive mandate issued last year by the Department of Health and Human Services. Here’s what you should know about the mandate and the proposed changes. What is this contraception mandate everyone keeps talking about? As part of the universal health insurance reform passed in 2010 (often referred to as “Obamacare”), all group health plans must now provide—at no cost...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved