Conservative shareholders target ‘woke’ corporate boards

By Sean Salai for The Washington Times

Conservative investors are becoming shareholder activists to battle what they call the “woke” gender and race policies of America’s corporate boardrooms.

The American Legislative Exchange Council, a network of conservative private investors and state legislators, recently introduced model legislation that would stop state pension fund managers from introducing “woke criteria” into the investment selection process.

The National Center for Public Policy Research, a conservative tank in Washington, is telling moderate and conservative investors how to use shareholder proxies to challenge liberal policies in corporate board elections.

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