“Passing laws to force public cos to strengthen the employees is counter to the interest of the…
Timothy Gutwald
1

As a conservative, I agree that corporations should have some level of social responsibility beyond share price. But I think in a free market economy we need to ‘financially incentivize’ them instead of trusting the “social conciousness” of management. The whole idea of regulating public capital formation is that you agree to some additional regulation in return for gaining access to the public’s capital. I think this could be addressed in long overdue tax reform, which is an excellent area for bipartisan legislation…something both sides might agree on.

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