*CPA, recipient of Ceres 2010 Bavaria Award
Conference Board Review Article Alerts Companies to Today's Watergate-type Political Spending Threats, How to Manage Them
On the second anniversary of the Supreme Court's Citizens United decision, the Center for Political Accountability has documented an explosion in the outsourcing of campaign spending to third-party groups and recommended ways for U.S. corporations to navigate the resulting minefields.
The Conference Board Review, a quarterly magazine of The Conference Board, features in its latest edition the article by CPA President Bruce Freed and Counsel Karl Sandstrom, published two years after the Court issued in January 2010 its Citizens United v. Federal Election Commission.
"The very practices of Watergate -- corporate cash being funneled secretly to a campaign -- are now on full, legal display," Freed and Sandstrom warn in the article. Companies face a heightened level of potential hazards that was unimaginable before Citizens United, yet they "can seize this moment to take more control of their political spending," the authors suggest.
To read "Dangerous Terrain: How to manage corporate political spending in a risky new environment," click here for The Conference Board Review article.
2011 Milestone Year for CPA, Corporate Political Disclosure
In 2011, the Center for Political Accountability’s drive to achieve corporate political disclosure and accountability accelerated as companies began to treat it as a mainstream corporate practice.
“Corporations gained a better understanding in 2011 of the dramatic implications of the Supreme Court’s Citizens United decision a year earlier and an increasing number adopted policies to restrict the use of their money for political purposes,” said Bruce Freed, CPA Founder and president.
“In this new political climate, the Center found growing and vocal support among companies for political transparency and accountability,” Freed said.
For the highlights from 2011, check out the December newsletter here.
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