In a poll looking at shareholder attitudes on corporate political spending, 85 percent of American shareholders are concern that company political spending “puts corporations at legal risk and endangers” shareholder value. The poll, which was commissioned by the Center for Political Accountability, found that 84 percent wanted companies to adopt political disclosure and accountability. In a strong message to mutual funds, 85 percent of shareholders said that funds and other equity managers should vote their proxies for political reform resolutions. As for their company proxies, 87 percent said they would vote them for those resolutions.
The poll was conducted by Mason-Dixon Polling & Research, a leading non-partisan public opinion firm. Based on interviews with 800 adult shareholders between March 6 and 9, 2006, the poll has a margin of error of +/- 3.5 percentage points.
See full Survey, in pdf format.
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