Coca-Cola Shareholders Reject 'Woke' Proposals: A Lesson from Bud Light?

1 year ago
17

Coca-Cola shareholders recently rejected three proposals aiming to further involve the company in liberal causes, suggesting a growing awareness of the potential financial implications of aligning with politically charged agendas. The most significant proposal concerned a study on how pro-life state laws could affect Coca-Cola's operations. However, this, along with two other proposals demanding the company audit its impact on non-white individuals and scrutinize its political contributions, was decidedly voted down. The decision might reflect a lesson learned from the fallout of Bud Light's controversial partnership with transgender celebrity Dylan Mulvaney, underlining the importance of businesses serving all customers rather than advocating for specific beliefs.

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