News Archives » Faith Responsible Investing
ICCR Members call for Corporate Governance Reform at News Corp August 9th, 2011
In the wake of the Newscorp scandal, faith-based investors – led by Christian Brothers Investment Services – are calling for corporate governance reform at the media giant. In a letter sent on Friday to Sir Roderick I. Eddington, News Corp.’s lead independent director, expressing concern about Mr. Murdoch remaining chairman and CEO as well as other governance issues. The signers “will support the ‘floor’ resolution” to split the roles, said Father Seamus Finn, a board member of the association of faith-based institutional investors.
Read the ICCR statement on News Corp
Note to Gekko: Governance is Good August 3rd, 2011
Read Fr. Seamus’ latest blog on Huffington Post on the Murdoch news scandal and why corporate good governance is important.
See Fr. Finn’s current and past blog entries on faith-consistent and socially responsible investing.
Stop Trafficking: July Newsletter Issue Available August 2nd, 2011
The Stop Trafficking newsletter, hosted by the STOP ENSLAVEMENT web domain, serves as a forum for exchange among religious congregations and their collaborating organizations:
- to promote awareness about human trafficking
- to exchange best practices in advocacy for and empowerment of survivors of human trafficking
- to recommend actions to counter human trafficking
Read the July issue of Stop Trafficking at www.stopenslavement.org
Available in English and Spanish.
Seamus Finn, OMI Now Blogging on Huffington Post July 22nd, 2011
Fr. Seamus Finn, OMI – Director of the Oblate JPIC Office – is now blogging on Huffington Post. His first blog is on “The Power of Religion To Influence Corporate Responsibility”.
Go to Huffington Post to subscribe to Fr. Seamus’ blog posts, which will appear twice a month.
Bill Introduced to Close Tax Loopholes, Raise Revenue and Keep Profits and Jobs in U.S. July 12th, 2011
Transfer pricing is a system whereby multinational corporations manipulate their internal prices to shift profits offshore, where they pay little or no tax.
In the midst of the current heated debate on the budget and associated deficit reduction, the introduction of a comprehensive bill to permanently close tax loopholes puts specific revenue-raising proposals on the table.
The Stop Tax Haven Abuse Act, introduced today by Senator Carl Levin (D-MI), would put new restrictions on the use of offshore tax havens to avoid and evade federal taxes. Some of the key provisions include taxing foreign corporations that do business primarily in the U.S., as domestic corporations, and requiring annual country-by-country reporting by SEC-registered corporations related to their employees, sales, purchases, financing arrangements, and taxes.
For a summary of the bill, click here.
Read Senator Levin’s press release for more information.
Click here to read more »
