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Investors urge Target to look at political giving

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Swede Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-20-10 02:25 PM
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Investors urge Target to look at political giving
"A good corporate political contribution policy should prevent the kind of debacle Target and Best Buy walked into," said Trillium vice president Shelley Alpern. "We expect companies to evaluate candidates based upon the range of their positions — not simply one area — and assess whether they are in alignment with their core values. But these companies' policies are clearly lacking that."

The shareholders said the donations don't mesh with corporate values that include workplace protections for gay employees and risk harming the companies' brands. Walden senior vice president Tim Smith said such giving can have "a major negative impact on company reputations and business."

http://news.yahoo.com/s/ap/20100820/ap_on_bi_ge/us_corporate_donations_backlash
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