Image illustrating a handshake to close a business deal.

California state controller Malia Cohen has called for a bipartisan approach to protecting shareholder rights, warning that the collective interests of Republican and Democrat states are “bound together”.

Speaking on a webinar organised by Ceres, Cohen said: “We’re here to protect the interests of working class people so that they may retire well, and edging out the voice of individual investors reduces the ability to generate wealth.”