Shareholders Show DEI Fatigue Amidst Activist Proposals

Reported 1 day ago

Shareholders are demonstrating increasing fatigue towards Diversity, Equity, and Inclusion (DEI) initiatives as the annual meeting season progresses, with neither pro-DEI nor anti-DEI proposals gaining substantial support among major companies like Apple, Costco, and John Deere. Experts suggest that this trend is likely to continue, as institutional investors are hesitant to support ideological measures. The rise in anti-DEI proposals this year may indicate a shift in shareholder sentiment, but overall support for both sides of the DEI debate appears to be waning.

Source: YAHOO

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