Apple's annual investor day on Friday will include one agenda item the consumer technology giant fought to prevent: a vote on a conservative proposal to require the board of directors to release ideological information on nominees.

Continue Reading Below

The Cupertino, California-based company pushed the Securities and Exchange Commission to drop the recommendation backed by conservative activist Justin Danhof of the National Center for Public Policy Research on the grounds that shareholders would not understand it.

"The range of matters that may or may not be encompassed within the phrase 'ideological perspectives' is not something that is commonly understood or well-defined," Apple wrote in a 2018 letter to the agency.

The SEC ruled against the company, stating in a December 2018 correspondence that the proposal as a whole is not "so vague or indefinite that it is rendered materially misleading."

MORE FROM FOXBUSINESS.COM...