Some AT&T shareholders want more than just dollars and cents from the board of directors in the aftermath of the company’s aborted takeover of T-Mobile: They want to know how company money is being spent to influence politics. … The divide over political disclosure at AT&T is nothing new — shareholder groups have been pressuring the company on the issue since 2004. … This year, however, AT&T investors are planning to put the measure up for vote again … as the company is coming off a publicly bruising and politically expensive battle over its failed T-Mobile deal.
“AT&T’s recent complete disaster in the Deutsche Telekom deal … that’s exactly the kind of thing that will make the board and managers and shareholders think long and hard about disclosure of political activity,” said John Coates, a corporate governance expert and professor at Harvard Law School.
AT&T shareholders demand answers – David Saleh Rauf – POLITICO.com.
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