Disney Forced To Face Activist Shareholder Inquiring About China

March 11, 2022

Disney tried to kill it, but the Securities and Exchange Commission didn’t let them.

The National Legal and Policy Center (NLPC), a Disney shareholder, presented a resolution at The Walt Disney DIS -1% Company’s annual shareholder meeting on Wednesday, March 9 asking for an annual report on the company’s efforts to determine human rights protections in foreign countries, namely China.

The resolution was put up for a proxy vote, which Disney’s board rejected, citing the shareholder sought to micromanage the company.

Read the full article: https://www.forbes.com/sites/kenrapoza/2022/03/11/disney-forced-to-face-activist-shareholder-inquiring-about-china/?sh=12cc02c6749b