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Companies grapple with guns

Joe Mont | March 20, 2018

Shortly after the recent spree shooting at a high school in Parkland, Florida, that left 17 dead, the national conversation turned, once again, to what must be done to minimize similar threats.

On March 3, noted corporate governance gadfly James McRitchie weighed in on Twitter.

“Shareholders should be pushing gun manufacturers and dealers to use their lobbying clout to push for universal background checks. #fiduciaryduty,” he wrote. “Does anyone have a list of gun dealers or manufacturers that support universal background checks? I would like to obtain to put pressure on those that don’t. The only one I know right now is Dicks. #corpgov.”

“You’re confusing corporate governance with your personal political preferences,” was the shot back across the bow by Stephen Bainbridge, professor of law at the UCLA School of Law.

That brief exchange helps illustrate a unique problem striking corporate America. Consumers, we are increasingly told, want more than just...

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