Home
/
RELIGION & LIBERTY ONLINE
/
Shareholder Resolutions and the ‘God Card’
Shareholder Resolutions and the ‘God Card’
Jan 26, 2026 12:37 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
Acton University Evening Speaker Marina Nemat: ‘Prisoner Of Tehran’
Those who’ve attended Acton University in the past know that the Evening Speakers are memorable, uplifting and often the highlight of the day for many. This year, one speaker is Marina Nemat, currently teaching at the University of Toronto. Nemat is set to speak on her book, Prisoner of Tehran. The memoir details her imprisonment, with a life sentence, at age 16 in the notorious Evin Prison in Tehran during the Khomeini Regime. While the memoir, by its nature, is...
Obama Administration Orders Colleges to Implement Unconstitutional Speech Codes
Not content to trample only the religious freedom side of the First Amendment, the federal government has decided to ignore the free speech side too. As the Foundation for Individual Rights in Education (FIRE) reports, the U.S. Departments of Justice and Education have joined together to mandate that virtually every college and university in the United States establish unconstitutional speech codes that violate the First Amendment and decades of legal precedent. Ina letter sent yesterday to the University of Montanathat...
Acton University Evening Speaker: William B. Allen
We are about a month away from Acton University, and another keynote speaker is William B. Allen. He is an expert in the American founding and U.S. Constitution; the American founders; the influence of various political philosophers on the American founding. He is Emeritus Professor of Political Philosophy in the Department of Political Science and Emeritus Dean, James Madison College, at Michigan State University. Currently he serves as Visiting Senior Professor in the Matthew J. Ryan Center for the Study...
Kuyper on Creation and Stewardship
In Abraham Kuyper’s recently translated sermon, “Rooted & Grounded,” he explains that the church is both “organism” and “institution,” drawing from both nature and the work of human hands. Pointing to Ephesians 3:17, he writes that, “the church of the Lord is one loaf, dough that rise according to its nature but nevertheless kneaded with human hands, and baked like bread.” Yet, as he goes on to note, this two-fold requirement is not limited to the church, but also applies...
The Bangladesh Factory Collapse and the Messiness of Economic Development
The horrific factory collapse in Bangladesh, now surpassing 1,100 in total deaths, has caused many to ponder how we might prevent such tragedies in the future, leading to plenty of ideological introspection about economic development and free trade. Describing the situation as “neither too simple nor plex,” Brian Dijkema encourages a healthy mix of confidence and caution. With folks calling for plete take-down of global capitalism on one end and elevating stiff pro-market arguments on the other, Dijkema reminds us...
What’s a Few Dead Eagles Between Friends?
There are currently two sets of laws in America: laws that apply to everyone and laws that apply to everyone except for friends of the Obama administration. In January I wrote about how the executive branch had argued that the Migratory Bird Treaty Act of 1918 should be broadly interpreted in order to impose criminal liability for actions that indirectly result in a protected bird’s death. The administration used that reasoning to file criminal charges against three panies. The U.S....
‘Economic Growth: Unleashing the Potential of Human Flourishing’: Values & Capitalism Publication
Values & Capitalism, a project of the American Enterprise Institute, has published a primer of sorts entitled, Economic Growth: Unleashing the Potential of Human Flourishing. The text is just over 100 pages, and gives the reader a thoughtful, concise and essential source on free market economics and its correlation to human flourishing and economic growth. Authors Edd S. Noell, Stephen L. S. Smith and Bruce G. Webb say this about their work: [T]he core proposition of this book is that...
Free primary education is a fundamental good. Isn’t it?
Private schools are for the privileged and those willing to pay high costs for education; everyone else attends public school or seeks alternate options: this is the accepted wisdom. In the United States, the vast majority of students at the primary and secondary level attend public school, funded by the government. When considering education in the developing world, we may hold fast to this thinking, believing that for those in severely impoverished areas, private education is an unrealistic and scarce...
Money is a Means
Over at Think Christian today, I lend some broader perspective concerning the link between money and happiness occasioned by a piece on The Atlantic on some research that challenged some of the accepted scholarly wisdom on the subject. The Bible is our best resource for getting the connection between material and spiritual goods right. I conclude in the TC piece, “As Jesus put it, ‘life does not consist in an abundance of possessions.'” Or to put it another way, we...
One Man’s Great Escape from North Korea
“I escaped physically, I haven’t escaped psychologically,” says Shin Dong-hyuk. His remarkable journey out of a deadly North Korean prison to freedom is chronicled in Escape from Camp 14 by Blaine Harden. Shin didn’t escape for freedom. He had little knowledge of such a concept. He had heard that outside the prison, and especially outside North Korea, meat was available to eat. Shin was born at Camp 14 in 1982 and was strictly forbidden to leave because of the sins...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved