It's that time of year when shareholders get their say - by asking a question at a corporation's annual meeting or voting on resolutions. But resolutions don't appear out of thin air. Corporate officials and activist shareholders...
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It's that time of year when shareholders get their say - by asking a question at a corporation's annual meeting or voting on resolutions. But resolutions don't appear out of thin air. Corporate officials and activist shareholders can spend months hashing over an issue such as pollution or labor practices. For a peek at that process, the Monitor's Laurent Belsie talked with Shelley Alpern, director of social research and advocacy at Trillium Asset Management, and Meredith Benton, research associate with Walden Asset Management. Here is an edited transcript of their conversation. Ms. Benton: One of the most exciting trends we're seeing right now is the level of responsiveness from the companies. They've gone from being resistant or unaware ... to working with us. Ms. Alpern: There's a lot of activity around climate change. Ten years ago, companies could treat you like you were a little bit crazy for bringing up the issue. But now, it's taken very seriously as an economic issue.
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