The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Wed, 06 May 2026 11:32:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Corporate Political Spending and the Mutual Fund Vote – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Corporate Political Spending and the Mutual Fund Vote https://corpgov.law.harvard.edu/2013/12/09/corporate-political-spending-and-the-mutual-fund-vote/?utm_source=rss&utm_medium=rss&utm_campaign=corporate-political-spending-and-the-mutual-fund-vote https://corpgov.law.harvard.edu/2013/12/09/corporate-political-spending-and-the-mutual-fund-vote/#comments Mon, 09 Dec 2013 14:33:52 +0000 http://blogs.law.harvard.edu/corpgov/?p=56127?d=20141202161034EST Posted by Bruce F. Freed, Center for Political Accountability, on Monday, December 9, 2013
Editor's Note:

Bruce F. Freed is president and a founder of the Center for Political Accountability. This post is based on the CPA’s Annual Mutual Fund Survey; the full report, including a description of the data source and appendix, is available here.

Mutual funds’ support for corporate political disclosure reached a new high in 2013, according to a ten-year analysis by the Center for Political Accountability. Forty large US mutual fund families voted in favor of corporate political spending disclosure an unprecedented 39% of the time, on average.

CPA’s review of mutual fund votes looks at how 40 of the largest U.S. fund families voted on 276 shareholder requests for disclosure of corporate political contributions at U.S. companies over proxy seasons from 2004 to 2013 (covering shareholder meetings from 1 July 2003 to 30 June 2013). Together, these fund families manage around $3.3 trillion in U.S. securities, according to Morningstar® fund data, and control a large portion of the shareholder vote in US securities.

(more…)

]]> https://corpgov.law.harvard.edu/2013/12/09/corporate-political-spending-and-the-mutual-fund-vote/feed/ 1