Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Resolutions and the ‘God Card’
Shareholder Resolutions and the ‘God Card’
Jan 30, 2026 1:38 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
Ecology and Economy
I just finished writing a review of Robert H. Nelson’s book, The New Holy Wars: Economic Religion vs. Environmental Religion in Contemporary America (Penn State University Press, 2010) that will appear later this year in Calvin Theological Journal. It is a good book. It is a timely book. There are flaws, but overall there is much to learn from Nelson’s analysis. I found a good summary passage that appears as a footnote on p. 171: The terms ecology and economics...
Acton Commentary: Reappraising the Right
In this week’s Acton Commentary, I reviewed a new book by George H. Nash on the history of the American conservative movement: Reappraising the Right By Bruce Edward Walker In his 1950 work, “The Liberal Imagination,” Lionel Trilling famously stated that American liberalism was the one true political philosophy, claiming it as the nation’s “sole intellectual tradition.” Unknown to him, two young men — one toiling as a professor at Michigan State Agricultural College (now Michigan State University) and the...
Self-Sufficiency in Sand Lake
This is a really intriguing story about a munity beset by an unfriendly local tax environment, “Sand Lake civil war: Move to dissolve es down to taxes.” The village government of Sand Lake, Michigan, is threatened with dissolution. As you might expect, those facing the chopping block are crying foul. How’s this for overblown rhetoric? “This is domestic terrorism. It’s an attack on small town USA. I have a personal anger against these people. Their purpose is not the good...
Rethinking Wallis and the Tea Parties
I’ve recently stumbled across the fantastic blog of Craig Carter, a professor at Tyndale University & Seminary in Toronto, and author of Rethinking Christ and Culture: A Post-Christendom Perspective. Take a moment to add it to your RSS reader of choice, and then go ahead and read his thorough critique of Jim Wallis’ hatchet job on the Tea Party movement. ...
Memorial Day: On hallowed ground
When I lived in Hawaii my family visited Punchbowl National Cemetery to see where my grandfather’s high school buddy was buried. He was killed in the Pacific Theatre in World War II. As a child I had two thoughts that day. It was taking a long time to find his grave simply because it was a sea of stones and I remember thinking at the time, I wonder if his family wanted him buried here, so far from home. Did...
Interview: On Poland’s Economic and Cultural Transformation
When in Krakow, Poland, for Acton’s recent conference, I was interviewed by journalist Dominik Jaskulski for the news organization Fronda. Dominik has kindly allowed us to publish excerpts from his translation of the interview. Father Sirico, tell us why your conference, organized with the Foundation PAFERE, is important for Poland. Today, many people in the world are in a situation of transition. If you do not respond well in such conditions, you may see a repeat episode where – as...
Acton Lecture Series: Does Social Justice Require Socialism?
Rev. Robert A. Sirico at Acton Lecture Series We’ve had a lot of requests recently for the audio of Rev. Sirico’s lecture on social justice. We’re posting a recording of his April 15 Acton Lecture Series presentation, “Does Social Justice Require Socialism?” In this talk, he addresses the increasing calls for government intervention in financial market regulation, health care, education reform, and economic stimulus in the name of “social justice.” Watch for more ALS audio on the blog in the...
Acton Lecture Series: Alinsky for Dummies
Joseph Morris at Acton Lecture Series We’re posting the audio from Mr. Joseph Morris’ excellent May 6 Acton Lecture Series presentation, Alinsky for Dummies: His Persistent Influence and Its Meaning for American Society and Politics. As Lord Acton warned that power corrupts, Saul Alinsky — the father of modern munity organizing” — rejoiced that corruption empowers. Saul Alinsky As Morris pointed out, decades after Alinsky’s death his ideas and teaching continue to shape the American political and social landscape. Barack...
Acton Lecture Series: Virtue and Liberty in the American Founding
More audio from this year’s Acton Lecture Series. In “Virtue and Liberty in the American Founding,” Dr. John Pinheiro examines the American Founders’ understanding of liberty as rooted in a classical and Christian understanding of virtue. His talk touched on the reasons why George Washington argued that public happiness could be attained without private morality and why John Adams wrote that, “[I]t is religion and morality alone which can establish the principles upon which freedom can securely stand. The only...
Re: Embracing the Tormentors
Time to set the record straight. Some of ments on my original posting of Faith McDonnell’s article Embracing the Tormentors are representative of the sort of egregious moral relativism, spin doctoring, and outright falsification, that have for so long characterized the “social justice” programs of lefty ecumenical groups like the WCC and NCC. Then, for good measure, let’s have some of menters toss in a dollop of hate for Israel and claim that this nation, which faces an existential threat...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved