Harrington Sets a record in the Fight for Proxy Access

May 14, 2015 – Napa, CA – Shareholders of Anthem, Inc., one of the nation’s largest for profit healthcare insurance companies, voted 67% in favor of the right to nominate directors, as proposed by John Harrington, CEO of Harrington Investments in Napa.

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John’s Published Response to WSJ Article Calling for Restrictions on Shareholder Advocacy

Maybe we should take politics out of the corporations entirely.  We only need to ignore these facts: Corporations are the creation of the state and a social institution authorized to do business by government. Corporations continue to dominate the electoral process by sending hundreds of millions of dollars to buy politicians to do their bidding, and these same corporations spend millions on lobbying our elected and appointed officials.

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Citigroup: Systemic Risk and Moral Hazard

by John Harrington, published in The Huffington Post

No one needs to remind us of the cataclysmic U.S. economic crisis and resulting great recession beginning in 2008, primarily caused by excessive speculation in housing mortgage financing and the leveraging of exotic financial instruments, including derivatives.

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Harrington Wins Proxy Access at Bank of America

by , published in Corporate Governance

Bank of America (BAC) shareholders can now look forward to nominating candidates to the Board of Directors in a deal negotiated by John Harrington, CEO of Harrington Investments, Inc., (HII) a socially responsible investment advisory firm based in Napa. The Bank adopted new “proxy access” bylaws reflecting changes driven by Harrington’s shareholder resolution.

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Harrington Prevails at Bank of America: Corporation Amends Bylaws for Shareholders to Nominate Director

March 19, 2015 – Napa, CA – Bank of America shareholders can now look forward to nominating candidates to the Board of Directors in a deal negotiated by John Harrington, CEO of Harrington Investments, Inc., (HII) a socially responsible investment advisory firm based in Napa. The Bank adopted new “proxy access” bylaws reflecting changes driven by Harrington’s shareholder resolution.

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Harrington Investments Joins National Coalition urging President Obama to Establish an Executive Order for Disclosing Political Spending

Napa, CA— Harrington Investments, Inc. (HII), a pioneering socially responsible investment firm, joined a national coalition of organizations calling on President Obama to sign an Executive Order mandating federal contractors, including Prime Defense Contractors, to publicly disclose political spending.

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Proposal Ends Soviet Bloc Style Voting at Monsanto

Feb 2, 2015 – Napa, CA –Monsanto shareholders adopted a shareholder proposal by John Harrington, CEO of Harrington Investments, Inc., (HII) a socially responsible investment advisory firm based in Napa, to request the board of directors to allow shareholders to nominate candidates to the board of directors.

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The Permanent “Reset” of the Labor Market

by John Harrington

When the financial crisis hit the global economy in late 2007, there was a “reset,” not only on the U.S. economy in general and financial institutions specifically, but a major reordering of the labor market and American workers. This crisis represented the ending bell for the middle class, including upward labor mobility and decent jobs that included healthcare and retirement benefits. It also, unlike previous recessions, resulted in a major and continuing decline of labor-force participation in our economy.

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Harvard Business Review: Harrington Comments on Corporate Political Spending

A recent Harvard Business Review (HBR) case study asked the question “Do Business and Politics Mix?” The study was based on a fictionalized company that chose to donate to a super PAC promoting political candidates with strong pro-business platforms. The contributions had a negative impact on the company when one of the candidates it supported took a controversial stance against gay marriage and news of the company’s connection to him spread. The case is based on dilemmas faced by leaders in real companies trying to determine the cost and benefits of making political campaign contributions. Read More »

Harrington Asks Starbucks’ Board of Directors to Establish “Real” Sustainable Policy

Napa, CA — Harrington Investments, Inc. (HII), a socially responsible investment advisory firm with more than 30 years of experience directly challenging corporate power, is asking Starbucks to be clear with shareholders about who is ultimately responsible for keeping the company’s sustainability promises. Read More »