NCF-led inquiry helps prompt News Corporation to revise policy on political spending

The Nathan Cummings Foundation

 

NCF-led inquiry helps prompt News Corporation to revise policy on political spending

Following inquiries from the Nathan Cummings Foundation and other institutional investors about the Company's political spending, News Corporation's Board of Directors has adopted a Political Activities Policy to help guide the Company's political spending. Although the Policy does not address all of the Foundation's concerns about the Company's use of shareholder money for political purposes, it is a significant step forward for the Company and demonstrates the effectiveness of shareholder engagement as a tool for promoting good corporate governance.

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