Disney investors on Thursday voted down a proposal that the entertainment giant cease its participation in a prominent LGBTQ rights organization’s equality ratings program.
The proposal — requesting that Disney “cease” its participation in the Human Rights Campaign‘s annual Corporate Equality Index — was submitted by right-wing think tank National Center for Public Policy Research, through its Free Enterprise Project initiative. (The FEP calls itself “the original and premier opponent of the woke takeover of American corporate life.”)
“When corporations take extreme positions, they destroy shareholder value by alienating large portions of their customers and investors. This proposal provides Disney with an opportunity to move back to neutral,”
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