Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Resolutions and the ‘God Card’
Shareholder Resolutions and the ‘God Card’
Nov 28, 2025 1:09 AM

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
The Greek Orthodox Bishop Who Stood Up to the Nazis
Archbishop DamaskinosThis is a doubly significant day in the nation of Greece in that not only is the Annunciation of the Theotokos (Virgin Mary) observed but also Independence Day. March memorates the start of the War of Greek Independence in 1821 against the Ottoman Empire and the tourkokratia or Turkish rule that is traced back to the fall of Constantinople in 1453. The occasion is marked with much pomp, parades and speech making in Greece and where large numbers of...
Archbishop Charles Chaput On Freedom And Faith
Archbishop Charles Chaput of Philadelphia recently gave a speech at a seminary. That – an archbishop addressing his seminarians – is in itself hardly noteworthy. However, Chaput had some profound and substantial things to say regarding freedom and faith. Our public discourse never gets down to what’s true and what isn’t, because it can’t. Our most important debates boil out to who can deploy the best words in the best way to get power. Words like “justice” have emotional throw...
Correcting Misimpressions About Religious Freedom
There is something about religious freedom that causes some folks, including many journalists, to lose all sense of reason and objectivity. Last year Mollie Hemingway wrote a blistering critique of reporting on the issue in which she said, “we have a press that loathes and works actively to suppress this religious liberty, as confident in being on the ‘right side of history’ as they are ignorant of natural rights, history, religion and basic civility.” The recent religious freedom legislation in...
Let’s Stop Expecting Islam to be Christian
One of the hot new trends in religious opinion today is to advocate for an “Islamic reformation.” This past weekend the Wall Street Journal ran two articles on the subject: “Islam’s Improbable Reformer” and “Why Islam Needs a Reformation.” Presumably, the assumption is that an Islamic Reformation would bring about the same beneficial changes as the Protestant Reformation. As mitted Protestant (Reformed, Evangelical, Southern Baptist) I believe the Reformation was indeed one of the most significant, and largely beneficial, events...
Women’s History Month: Mary Wollstonecraft And ‘I Have A Dream’
Most of us associate the words “I have a dream” with the iconic speech of Martin Luther King, Jr. But there was a woman, nearly 200 years earlier, who wrote of her own impassioned dreams of liberty. Mary Wollstonecraft was born in 1759 in England and championed social and educational equality for women. The daughter of a farmer, Wollstonecraft came to debate the likes of Edmund Burke regarding natural law, revolution and individual liberty. What is intriguing about Wollstonecraft is...
Why An Urban Church Abandoned Traditional Charity
In the early 2000s, Broadway United Methodist Church had a series of outreach programs, including a food pantry, after-school program, clothing ministry, and a summer youth program that served up to 250 children per day.Today, these programs pletely absent, and it’s no accident. “They’ve been killed off,” writes Robert King in a fascinating profile of the transformation for Faith and Leadership.“In many cases, they were buried with honors. But those ministries, staples of the urban church, are all gone from...
A Creative Aid For Dyslexia
Most of us take reading for granted. We learned how to do it when we were very young and we can do it with ease every day. However, for people with dyslexia (as much as 17 percent of the population) reading is a constant struggle. Dyslexia has nothing to do with intelligence, but it makes reading (and therefore learning) difficult. Aside from difficulty with pre-literacy learning like rhyming and letter recognition, the mon sign is when a child fails to...
Bishop Says ‘Climate Denial’ Like Moral Blindness
Katharine Jefferts Schori Your author recalls a time when reasonable people could disagree on all types of issues. Unfortunately, that period’s ing nature of diverse opinions has receded into vitriolic attacks on opponents’ intelligence, funding, research ethics, morality and religious faith. Such is the case with this week’s media coverage of Katharine Jefferts Schori, the woman the Guardian labels a “presiding bishop of the Episcopal church and one of the most powerful women in Christianity.” The bishop explained her highly...
Explainer: What’s Going on in Yemen?
What just happened in Yemen? Yemen, the poorest country in the Middle East, has been in a state of political crisis since 2011 when a series of street protests began against poverty, unemployment, corruption. In recent months, though, Yemen has been driven even further into instability by conflicts between several different groups, pushing the country “to the edge of civil war,” according to the UN’s special adviser. Yesterday, to prevent further instability, a coalition led by Saudi Arabia launched air...
Entrepreneurs, Faith And Business: It’s Not Always What You Think
There are those who decry the infusion of faith in business; after all, why should the bakers down the street be able to turn down the account for the gay wedding? But many entrepreneurs – in many industries and with many different beliefs – intertwine their beliefs and their business … and it’s not always what you think. Christ Horst at Values & Capitalism says faith (of many different types) plays a role in business in our country. Whether you...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved