Posted May 27, 2019 12:00 pm by Comments

By Tom Knighton

AP Photo/Sue Ogrocki

While anti-gun investment groups have routinely sought to disrupt the firearms industry from within, pro-gun groups have mostly remained silent. For the most part, such activist investors have accomplished little more than requiring companies to waste money on studies, but if they continue to be able to tout “wins,” their numbers–and, by extension, their ability to govern the firearm industry–will only grow.

Luckily, one right-leaning non-profit is looking to provide a counter to that.

Americans for Tax Reform announced a new project designed to counter activist investors who have passed resolutions potentially damaging to gun companies and other corporations as a means of achieving a political goal.

“ATR feels there is a need to protect the long-term interests of small investors and pension fund beneficiaries from activist shareholders, proxy advisory firms and Washington proposals that use financial institutions as the venue to enact the social and political agenda of few, that cannot be accomplished through the legislative process,” James Setterlund, executive director of the newly formed Shareholder Advocacy Forum, told the Washington Free Beacon. “The Shareholder Advocacy Forum will provide a voice for these shareholders and hold executives and directors accountable when they prioritize activist proposals ahead of …Read the Rest

Source:: Bearing Arms

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