Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Resolutions and the ‘God Card’
Shareholder Resolutions and the ‘God Card’
Nov 22, 2025 8:57 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
Pure and Undefiled Religion
James 1:27 states: Religion that is pure and undefiled before God and the Father is this: to visit orphans and widows in their affliction, and to keep oneself unstained from the world. Last week I had the chance to meet up again with Tom Davis, CEO of Children’s Hope Chest. Hope Chest works with orphans in various countries around the world including South Africa, Swaziland, and Russia. There mission is to advocate a munity munity” partnership model. While many great...
Acton Lecture Series: Alinsky for Dummies
Background on the next Acton Lecture Series event: Join us on Thursday, May 6 to hear Mr. Joseph Morris’ lecture Alinsky for Dummies: His Persistent Influence and Its Meaning for American Society and Politics. Saul Alinsky might be called the “anti-Acton.” As Lord Acton warned that power corrupts, Saul Alinsky — the father of modern munity organizing” — rejoiced that corruption empowers. Decades after Alinsky’s death his ideas and teaching continue to shape the American political and social landscape. Barack...
Acton on Tap — April 27: Are Tea Parties good for America?
Join us on Tuesday, April 27, at Derby Station in Grand Rapids as we continue our Acton on Tap series, a casual and fun night out to discuss important and timely ideas with friends. This time around, Jordan Ballor & Ray Nothstine will host our discussion and friendly debate on the question, “Are Tea Parties good for America?” Our casual start time is 6pm; The discussion starts at 6:30. Derby Station [view map] 2237 Wealthy St. SE, East Grand Rapids...
Prophet Jim Wallis Explains the Doctrine of Coercive Repentance
In a new column on Sojourners, Prophet Jim Wallis reveals that Wall Street financiers ing to him for confession, sometimes skulking along darkened streets to hide their shame: e like Nicodemus – a religious leader who came to talk to Jesus in private – at night. Many have felt remorseful about what happened on Wall Street and how it has hurt so many people. They describe the behavior in their profession with words such as “greedy,” “risky,” or “reckless.” These...
Colson: Creation and Man
On The Christian Post, Chuck Colson talks about Earth Day and Christian world view in “Creation and Man.” … Christians are rightly concerned that extremists have turned Earth Day into “Worship-Earth Day.” Just listen to a few of these suggestions for Earth Day 2010 that some of the more radical groups are proposing: taking down “global eco-criminals” like Exxon-Mobil; having school kids meditate about the Spirit of Life (that’s “Spirit of Life” with capital letters); seeking international cooperation on reducing...
Editorial: Where’s the morality?
Acton Research Director Samuel Gregg is quoted in yesterday’s Pittsburgh Tribune-Review editorial on Goldman Sachs: The most shocking moment in Tuesday’s Senate hearing on Goldman Sachs wasn’t Sen. Carl Levin’s repeated use of the big investment house’s scatological description of its own dubious offerings. No, it was when one of Goldman’s high cluckety-clucks actually said that it has no ethical responsibility to tell clients that it is betting against the same investments it mends. That really is (expletive deleted). Samuel...
Dear Old Golden Rule Days
There have been many published articles lately about school curriculum, school performance, school choice, and the Obama dictates that are aimed at pumping more money and asserting more control of an already mediocre performing public school industry. In The Wall Street Journal, University of Dallas professor David ments on a revised Texas school’s U.S. History curriculum that has been proposed and awaits approval. It’s caused a stir among the educrates but that’s partly due to a longtime feud between academic...
Obamacare Prognosis: Not Looking Good
I’m a little slow getting to this–some readers have doubtless already seen media reports–but if you weren’t yet aware of the Obama Administration’s actuaries’ study of the probable effects of Obamacare (released last Thursday), you should be. Our friend, Grace-Marie Turner of the Galen Institute presents the lowlights at NRO. Among the predictions: Tens of billions of dollars in new fees and excise taxes will be “passed through to health consumers in the form of higher drug and devices prices...
Tocqueville on Earth Day?
I know I am a little late on this post, but… This year marks the 40th Anniversary of Earth Day, but if we want to understand its origins, one of the best sources is Alexis de Tocqueville’s master work, Democracy in America and his chapter on Democracy and Pantheism. It’s short, but to the point. It’s also Tocqueville so read it carefully. I found an online version at the University of Virginia’s website. You can read the chapter and the...
Re: Die Hard — The Welfare State
News reports today on the Greek debt crisis are packed with scary terms like “implosion” and “financial doomsday” and “ebola” and “contagion.” The anxiety has ratcheted up considerably this week, and not just for EU heads of state but also for President Obama. He should be worried. As I pointed out in a previous post, “Die Hard — The Welfare State,” the United States awaits its own day of reckoning for the sins of mounting government debt, a bloated public...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved