Our approach to corporate governance is simple: our sole goal is to serve our clients’ financial interests, without concern for any other social or political objective.
To that end, Strive advocates for the pursuit of excellence over politics in boardrooms across corporate America.
We believe companies maximize value for their shareholders when they are guided by the following universal principles of Excellence Capitalism:
Strive believes in engagement rather than divestment to drive meaningful change in corporate America.
We advocate on our clients’ behalf to keep corporations focused on delivering excellent products and services to their customers. Here are the corporate governance tools we use to advance Excellence Capitalism:
Shareholders have a right to file proposals with the companies in which they invest, asking them to change how they operate or behave. Strive aims to advance mission-aligned shareholder proposals for companies and sectors in which our clients are invested – including proposals that rectify damage inflicted by other large asset managers that advance social or political agendas.
Shareholders have the right to vote on board member elections, as well as proposals submitted by other shareholders or a company’s management team. Strive will analyze high impact proposals to determine whether they will help or hurt a company’s financial return and vote client shares accordingly – without any “mixed motivations” beyond maximizing shareholder value for clients.
Shareholders also have a public voice that can drive change at companies. Strive will use its voice, on behalf of everyday Americans, to set expectations for America’s business leaders. We will also hold them publicly accountable by applauding them when they meet those expectations and guiding them to improve them when they fall short.
Large shareholders and asset managers regularly influence corporate decision making through private meetings with CEOs and key personnel. Today, the world’s largest asset managers deliver a monolithic message to CEOs on certain environmental and social issues. By contrast, Strive will deliver a different message: focus exclusively on product excellence over any other agenda. We believe this will help improve underlying corporate performance.