May 26, 2013Shedding Light on the Role of ‘Dark Money’ in Corruption
May 26, 2013 The Financial Times
by Sarah Murray
Corporate political spending has risen sharply since the US Supreme Court’s 2010 ruling in the Citizens United case removed limits on the donations political groups can accept from companies. Since then, unease has grown at...
more
Apr 30, 2013Shareholders Push Companies to Disclose Political Spending, Reform Group, CPA Says
April 30, 2013 BNA Money and Politics Report
by Kenneth Doyle
The health insurance company WellCare Health Plans Inc. recently joined a handful of other companies that have seen a majority vote of shareholders supporting disclosure of corporate political spending, according...
more
Apr 27, 2013Plan Would Force Public Companies to Reveal Political Giving
April 27, 2013 NPR
by Kara Brandeisky
The 2012 election was the most expensive in history, but there remain some gaping holes in our knowledge about who paid for what. The Securities and Exchange Commission is considering a proposal to add more transparency in future...
more
Apr 23, 2013S.E.C Is Asked to Make Companies Disclose Donations
April 23, 2013 The New York Times
by Nicholas Confessore
A loose coalition of Democratic elected officials, shareholder activists and pension funds has flooded the Securities and Exchange Commission with calls to require publicly traded corporations to disclose to...
more
Apr 22, 2013News Corp Deal: A New Way to Police Corporate Political Spending?
April 22, 2013 Thompson Reuters
by Alison Frankel
On Monday, the directors and officers of Rupert Murdoch's News Corp agreed to settle a derivative suit accusing them of breaching their duty to shareholders by failing to avert the phone-hacking scandal at the company's...
more
Apr 4, 2013Companies Face Pressure on Political Spending
April 4, 2013 USA Today
by Fredreka Schouten
Campaign-finance activists and some of the nation's biggest institutional investors are trying to exert fresh pressure on the Securities and Exchange Commission to force public companies to disclose their political spending. If...
more
Mar 26, 2013Issuers Can Take Proactive Steps to Avoid Targeting for Political Spending Disclosures
March 26, 2013 BNA Money and Politics Report
by Yin Wilczek
Public companies that want to avoid being targeted publicly by institutional investors and other activists with respect to political spending disclosures can take proactive steps to mitigate their exposure,...
more
Mar 17, 2013What Boards Need to Know About Political Accountability
March 17, 2013 The Corporate Governance Alliance Digest
by Sol Kwon
Board oversight of political spending is essential to ensure that spending decisions are made in the best interests of the company and its shareholders; protect companies from reputational risks; and do not...
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Mar 4, 2013Does It Pay to Mix Politics, Business? Some Saying No
March 4, 2013 Seattle Times
by Jim Spencer
The fight over corporate political donations is evolving from whether such gifts are in the public’s interest to whether they’re even in the interest of the companies.
A pair of University of Minnesota finance professors found...
more
Feb 23, 2013Obama's New Political Group to Lure Unlimited Donations
February 23, 2013 Washington Post
by Tom Hamburger
In close consultation with President Obama, two of his top political strategists are designing an ambitious new organization funded by donations from wealthy individuals and corporations aimed at making political and...
more
Feb 16, 2013Research Questions Return on Corporate Political Cash
February 16, 2013 Minneapolis Star Tribune
by Jim Spencer
The fight over corporate political donations is evolving from whether such gifts are in the public’s interest to whether they’re even in the interest of the companies themselves.
A pair of University of Minnesota...
more
Feb 7, 2013Shareholders Question Corporate Political Spending
February 7, 2013 MarketWatch
by Darrell Delamaide
Conventional wisdom has it in the wake of November’s election that Citizens United was a paper tiger and that unrestricted corporate spending on campaigns did not determine the outcome — but investors may want to take a...
more
Feb 3, 2013Corporations Agree to Disclose Political Spending
February 3, 2013 SocialFunds.com
by Robert Kropp
The Center for Political Accountability announces that engagement has led to six corporations agreeing to adopt political disclosure and accountability, while a shareowner resolution at Visa gains significant support....
more
Jan 9, 2013What's Behind All the Corporate Secrecy Over Political Spending?
January 9, 2013 Fortune
by Eleanor Bloxham
While millions of unemployed struggle to keep hope, corporations shelled out millions on election attack ads last year. Individual companies are still not fessing up on how their millions were spent. What do they have to hide?...
more
Jan 3, 2013New York Comptroller Sues Qualcomm for Data on Political Giving
January 3, 2013 The New York Times
by Nicholas Confessore
The New York State comptroller, attempting to force greater public disclosure of corporate political spending, sued Qualcomm on Wednesday, demanding to view internal records of political expenditures by the company,...
more
Dec 14, 2012Meaningful Corporate Political Disclosure
December 14, 2012 Harvard Law School Forum on Corporate Governance
by Noam Noked
In the aftermath of the most expensive election cycle in U.S. history, which included record amounts of “Dark Money,” the need for transparency in corporate political spending is even more...
more
Nov 17, 2012Is It Worth It? Political Spending and Corporate Governance
November 17, 2012 Business Ethics Magazine
by Robert Ludke
In the 2012 campaign cycle an astounding $6 billion dollars was spent, with American corporations contributing roughly one third of that total. Just as political pundits are assessing the aftermath of the campaigns,...
more
Nov 8, 2012For Chamber of Commerce, Election Was a Money-Loser
November 8, 2012 Washington Post
by Jia Lynn Yang and Tom Hamburger
The day after an election in which the U.S. Chamber of Commerce spent millions of dollars backing losing Republican candidates, executives began the brutal process of assessing what went wrong at the...
more
Nov 6, 2012Corporate America Gets Feisty
November 6, 2012 Fortune
by Anne VanderMey
In an election season that's given voters many firsts, we can add public sniping and fact-checking by blue-chip companies to the list.
Last week's dustup between the Romney camp and Detroit automakers started with what seemed like...
more
Nov 6, 2012Get What You Pay For? Not Always
November 6, 2012 The New York Times
by Eduardo Porter
The most expensive election campaign in American history is over. Executives across America can now begin to assess what their companies will get in return for the roughly $2 billion spent by business interests....
more
Oct 29, 2012Aetna's Transparency Problem
October 29, 2012 The Hill
by Melanie Sloan
So far this month, the American Action Network (AAN) has poured more than $10 million into ad buys in six congressional districts — part of a last-minute October spending dump explicitly aimed at preserving the Republican majority...
more
Oct 29, 2012Examining the CPA-Zicklin Scoring Index for Corporate Political Spending Reports
October 29, 2012 Davis Polk Briefing
by Ning Chiu
The coming election coincides with increased efforts by the Center for Political Accountability (CPA), through letters and shareholder proposal campaigns, to cause companies to provide reports on corporate political spending....
more
Oct 22, 2012What Sustainability Reports Don't Tell You
October 22, 2012 The Daily Beast
by Aaron Chatterji and Michael Toffel
Environmental rankings are based on extensive research about companies’ environmental management processes and performance, and how transparent they are about their environmental impacts. However, we’re...
more
Oct 19, 2012Corporate Donors Fuel Chamber of Commerce's Political Power
October 19, 2012 Washington Post
by Carol Leonnig
Major U.S. companies as diverse as the drugmaker Merck, the chemical giant Dow and the financial services firm Prudential wrote big checks — some for more than $1 million — to the U.S. Chamber of Commerce last year for dues...
more
Oct 18, 2012Citizens United: Are Shareholder Revolts in the Offing?
October 18, 2012 Forbes
by Richard Levick
There’s now reason to feel good – or at least a bit better – about Citizens United, the landmark case in which the Supreme Court ruled that the First Amendment prohibits the government from restricting political expenditures by...
more
Oct 6, 2012How British Companies Pour Cash Into the American Elections
October 6, 2012 The Guardian
by Simon Bowers
More than one in five of Britain's largest corporations are channelling political donations to favoured candidates ahead of next month's elections in the US – though these sums may be only the tip of a new campaign-financing...
more
Sep 26, 2012More Companies Revealing Donations as Debate Rages
September 26, 2012 Washington Post
by Dan Eggen
As debate rages this year over the increasing influence of corporations on politics, a new study finds that more companies are deciding to disclose their contributions to interest groups in the hope of avoiding controversy....
more
Sep 25, 2012Aflac and Chubb Join Ranks of Companies Expanding Disclosure
September 25, 2012 Bloomberg News
by Jonathan Salant
Aflac Inc. (AFL) and Chubb Corp. (CB) are among a growing number of companies revealing their corporate contributions, some of which may go to nonprofits and trade associations spending millions of dollars on U.S....
more
Sep 25, 2012In Election Swamped by Secret Money, Corporations Choose Openness
September 25, 2012 Chicago Tribune
by Melanie Mason
Undisclosed political money is playing an outsize role in the 2012 election cycle. But as some political donors are seeking to hide their identities, a new study has found that at least one set of contributors —...
more
Sep 25, 2012Report Ranks Corporate Political Openness
September 25, 2012 Politico
by Dave Levinthal
In an era of record-setting election spending, don’t expect massive corporations such as Berkshire Hathaway, Charles Schwab and Cardinal Health to volunteer one iota more information about their political activity than they must....
more
Sep 18, 2012Responsible Wealth Targets Being Selected
September 18, 2012 CorpGov.net
by James McRitchie
Fall is filing time for Responsible Wealth’s annual shareholder resolutions. Currently, Mike Lapham is working with the Center for Political Accountability to identify which corporations Responsible Wealth will file...
more
Jul 20, 2012Third-Party Groups Ready Multiple Ads Attacking Health Care Law
July 20, 2012 Washington Post
by Dan Eggen
Conservative groups are gearing up to spend millions of dollars over the next three months on ads attacking President Obama’s health-care law and Democrats who support it, but in many cases voters will have no way of knowing who...
more
Jul 9, 2012Can Shareholder Activism Affect Corporate Political Spending?
July 9, 2012 Thomson Reuters
by Alison Frankel
The New York Times had a great front-page story on Sunday about corporations contributing to politically active non-profits in order to shield their campaign contributions from public view. That's not a revelatory thesis -- I've...
more
Jul 7, 2012Tax-Exempt Groups Shield Political Gifts of Businesses
July 7, 2012 The New York Times
by Mike McIntire and Nick Confessore
American Electric Power, one of the country’s largest utilities, gave $1 million last November to the Founding Fund, a new tax-exempt group that intends to raise most of its money from corporations and push...
more
Jul 1, 2012The Great Debate
July 1, 2012 Corporate Counsel
by Sue Reisinger
In May, 3M Corp. faced activists both inside and outside its shareholder meeting who were angry about 3M's alleged secret spending on political campaigns. The firm wasn't alone. Some 14 companies faced a surprising number of...
more
Jun 8, 2012Shareholders Campaign for Transparency
June 8, 2012 The Motley Fool
by Alyce Lomax
Many investors are watching say-on-pay votes this year. American Eagle Outfitters is one of the latest companies to experience a rejection of its CEO pay policy by shareholders, but there are many others that have experienced the...
more
May 21, 2012More Shareholders Call on Companies to Disclose Their Political Spending
May 21, 2012 Washington Post
by Tom Hamburger and Brady Dennis
One of the most polarizing fights over money in politics has been unfolding this spring at annual corporate meetings, where shareholders are mounting an intensifying effort to push companies to disclose the money...
more
May 15, 2012Remarks from Conference Board Corporate Political Spending Conference
May 15, 2012 The Conference Board
by Bruce Freed
Remarks from Bruce Freed, on the panel "The Battle Over Corporate Political Activity: Left Wing Plot, Good Governance, or Both?" at The Conference Board's Corporate Political Spending Conference on May 15, 2012.
more
May 8, 2012WellPoint Faces Shareholder Ire Over Political Spending
May 8, 2012 Fortune Magazine
by Eleanor Bloxham
This year marks the first presidential election year since the January 2010 Supreme Court decision Citizens United, which opened the floodgates on corporate political spending. So it's not too surprising that oversight and...
more
Apr 26, 2012Some Shareholders Call for Companies to Disclose Political Giving
April 26, 2012 Minnesota Public Radio
by Catharine Richert
This spring, shareholders of Minnesota's most well-known companies will vote on board members and various proposals from shareholders — standard annual meeting fare.
But for at least five local companies, the hot...
more
Apr 25, 2012Google, Marriott, UPS Pick Sides in 2012 Election
April 25, 2012 ABC News
by Amy Bingham
As Americans begin to divide down party lines over their presidential preferences in the 2012 election, so too are many of the country's largest corporations.
more
Apr 24, 2012U.S. Chamber of Commerce Faces Changing Times
April 24, 2012 Roll Call
by Eliza Newlin Carney
U.S. Chamber of Commerce President and CEO Thomas Donohue had much to celebrate when the business lobby marked its centennial last weekend. He also had cause for alarm.
more
Apr 19, 2012WellPoint Is Focus of Aggressive Effort to Force Political Spending Disclosure
April 19, 2012 Washington Post
by Tom Hamburger
Health insurance giant WellPoint is the latest target of an increasingly aggressive campaign to force disclosure of corporate political and lobbying expenditures, including payments to the U.S. Chamber of Commerce, which has...
more
Apr 19, 2012More Boardrooms Targeted for Political Spending
April 19, 2012 Market Watch
by Ronald D. Orol
Should public companies be up front with shareholders about their political agendas?
More institutional investors are agitating for corporations to disclose what they spend on political advocacy, including campaign donations...
more
Apr 16, 2012The People vs. the "Corporate People"
April 16, 2012 Motley Fool
by Alyce Lomax
The Supreme Court's Citizens United case, which helped further open the floodgates for corporate political spending in America, is about an ongoing and extremely contentious issue. Even before the ruling, there was plenty of reason...
more
Apr 10, 2012Corporate Spending Post-Citizens United Decision Comes Under Attack
April 10, 2012 JD Supra
by Morgan Lewis
The Supreme Court decision in Citizens United v. Federal Election Commission, 558 U.S. —, 130 S.Ct. 876 (2010), lifted long-standing limits on corporate and labor union political spending. Prior to Citizens United, federal law...
more
Apr 10, 2012The In-House World According to Ben Heineman, Jr. Part II
April 10, 2012 Law.com Corporate Counsel
by Catherine Dunn
In this edited conversation, Heineman discusses corporate regulation, anticorruption efforts, and the post-Citizens United role of U.S. companies in politics and elections.
more
Apr 5, 2012Coke Withdraws from Group That Backs Stand Your Ground Law
April 5, 2012 Baltimore Sun
by Barbara Liston and Martinne Geller
Coca-Cola Co is dropping its membership in a conservative national advocacy group that supports "Stand Your Ground" laws such as the one being used as a defense in the Florida killing of an unarmed black...
more
Mar 28, 2012Chevron, Merck Disclose Funding to 2010 Attack-Ad Groups
March 28, 2012 Bloomberg News
by Jonathan D. Salant
Some secret donors who gave money to groups that paid for millions of dollars in attack ads during the 2010 midterm elections are becoming public.
Chevron Corp. (CVX), an oil and gas company; Merck & Co. (MRK), a drug...
more
Mar 26, 2012Making Corporate Actions Visible
March 26, 2012 Huffington Post
by Ralph Gomory and Leo Hindery, Jr.
In a recent article we wrote: "America today is very different from the country that fought the Revolutionary War and framed the Constitution. Then, it was a nation of farmers; today, it's a nation of...
more
Mar 26, 2012Halliburton Wins Praise from Open-Government Groups for Commitment to Political Disclosure
March 26, 2012 Houston Chronicle
by Richard Dunham
This is news: Halliburton is being praised — yes, praised! — by political watchdog groups.
The Houston-based multinational corporation, which has been blasted for a decade by liberals and good government groups for its...
more
Mar 23, 2012Corporate Governance Advocates Take on Political Spending and Contracts with Managers
March 23, 2012 SocialFunds.com
by Robert Kropp
In September, the International Corporate Governance Network (ICGN), an organization of institutional investors representing $18 trillion in assets under management, submitted a letter to the Securities and Exchange Commission...
more
Mar 21, 2012One Hundred Companies Sign on to Disclose Political Spending
March 21, 2012 The Hill
by Rachel Leven
One hundred companies have signed on to a watchdog organizations’ effort to disclose political expenditures.
A 100th company joined the Center for Political Accountability’s corporate governance standard Wednesday, the center...
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Mar 6, 2012More Shareholders Demanding Corporate Political Transparency
March 6, 2012 Law.com Corporate Counsel
by Catherine Dunn
As voters tune into the Republican presidential campaign’s big Super Tuesday primaries, concerns about adverse effects of corporate political spending are being reflected in an expanding universe of shareholder...
more
Feb 24, 2012SEC's Aguilar Says Companies Should Report Political Spending
February 24, 2012 Bloomberg News
by Jesse Hamilton
The U.S. Securities and Exchange Commission should require companies to disclose their spending on political campaigns, said SEC Commissioner Luis Aguilar.
“Investors are not receiving adequate disclosure, and as the...
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Feb 15, 2012End Corporate Demockary
February 15, 2012 CorpGov.net
by James McRitchie
Corporations determine far more than any other institution the air we breathe, the quality of the water we drink, even where we live. Yet they are not accountable to anyone.
Those words were on the 1991 cover of Power and...
more
Feb 7, 2012AT&T Shareholders Demand Answers
February 7, 2012 Politico
by David Saleh Rauf
Some AT&T shareholders want more than just dollars and cents from the board of directors in the aftermath of the company’s aborted takeover of T-Mobile: They want to know how company money is being spent to influence politics.
more
Jan 27, 2012Shareowners File 40 Resolutions on Lobbying Expenditures by Corporations
January 27, 2012 Social Funds
by Robert Kropp
Walden Asset Management leads a coalition of investors calling on companies to disclose both direct lobbying expenditures and indirect funding of lobbying through trade associations.
SocialFunds.com -- Spearheaded by the work...
more
Jan 26, 2012Shedding Light on Political Spending
January 26, 2012 Parker Poe
In recent years, shareholder activists have called for greater transparency regarding corporate political spending. Demands for full disclosure – even for shareholder approval of certain political spending – increased dramatically in the wake of the...
more
Jan 22, 2012Corporate Political Spending Targeted
January 22, 2012 Pittsburgh Post-Gazette
by Len Boselovic
Investors and corporate governance experts are asking the Securities and Exchange Commission to require public companies to provide detailed disclosure of their political spending.
The initiative comes two years...
more
Jan 18, 2012Shareowners to Corporations: Say No to Political Expenditures
January 18, 2012 SocialFunds.com
by Robert Kropp
Since the US Supreme Court decided the controversial Citizens United case two years ago and removed longstanding limits on corporate political spending, shareowners and other governance advocates have engaged with companies in...
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Jan 6, 2012Tough Dilemmas for Companies on Campaign Spending
January 6, 2012 Harvard Business Review
by Ben W. Heineman, Jr.
Should companies use funds from the corporate treasury to advocate directly for or against political candidates in contested elections?
This basic question — now made immediate with the opening of the...
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Jan 5, 2012Occupy Shareholders Engaging with Shareholder Resolutions? It's Happening...
January 5, 2012 Nonprofit Quarterly
by Rick Cohen
Why did 2011 break all previous records in the number of shareholder resolutions pursued in the corporate sector? Did the societal frustration with the concentration of wealth and power in corporate America lead to both the...
more
Dec 26, 20112011 in Retrospect: Will SRI Occupy Personhood in 2012?
December 26, 2011 CSR Wire
by Sanford Lewis
In 2011, Occupy Wall Street and its progeny captured the world’s imagination with its resistance to the growing corporate occupation of our political system. As many within the socially responsible investment (SRI) community...
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Dec 22, 2011Mutual Fund Support for Political Spending Disclosure Inches Upward
December 22, 2011 SocialFunds.com
by Robert Kropp
An analysis prepared for the Center for Political Accountability by Jackie Cook of Fund Votes reveals that mutual fund support for corporate political spending disclosure increased in 2011 for eighth year in a row....
more
Dec 16, 2011Focus on Donations Grows
December 16, 2011 Inside Investor Relations
by Brad Allen
When the US Supreme Court ruled in 2010 that corporate political contributions are protected by free speech, the five-four split-decision signaled deep divisions. But the court was nearly unanimous in upholding the...
more
Dec 7, 2011Colgate & IBM Lead; Amazon, Berkshire, Cisco, Nike, Sprint, & Disney Lag
December 7, 2011 CorpGov.net
by James McRitchie
The CPA-Zicklin Index of Corporate Political Disclosure and Accountability ranks companies in the S&P 100 according to their disclosure and board oversight of political spending activities. In the aftermath of the Supreme...
more
Dec 6, 2011Benchmarking Political Spending Habits
December 6, 2011 Compliance Week
by Stephen Davis and Jon Lukomnik
The phrase “corporate politics” is about to take on a whole new meaning. Next year is, of course, an election year when presidential and congressional elections will dominate the headlines. What you may not...
more
Nov 22, 2011Wall Street Journal Op-ed Attacks Corporate Disclosure of Political Spending
November 22, 2011 Social Funds
by Robert Kropp
Bruce Freed of the Center for Political Accountability talks with SocialFunds.com about the mischaracterizations in the Journal's op-ed piece, and describes the widespread support for greater disclosure.
SocialFunds.com --...
more
Nov 15, 2011More Companies Disclose their Political Spending Habits
November 15, 2011 Compliance Week
by Reese Darragh
According to a recent study on political spending disclosure practices—the first since the controversial Citizens United Supreme Court case—more than half of the S&P 100 disclose aspects of their political giving habits....
more
Nov 15, 2011How Many Companies does it take to Win an Election?
November 15, 2011 CSRwire.com
by Elaine Cohen
Is corporate political spending responsible business practice or unreasonable use of corporate power and influence? Either way, if more corporations do not disclose their contributions, you may just be voting, inadvertently,...
more
Nov 12, 2011Citizens United ruling and the potential of don’t ask, don’t tell vs. full disclosure.
November 12, 2011 Groundupct.wordpress.com
Editorial
Overtime, we have seen our electoral process eroded by special interests groups and lobbyists, coupled with much money to influence elections and elected officials. The emergence of a new Republican party has launched a...
more
Nov 10, 2011Say-on-pay not going away
November 10, 2011 Inside Investor Relations
by Adam Piore
With a flagging economy driving down earnings, investors are likely to more closely scrutinize rising pay, and may take a more confrontational stance than they did during the financially heady days of the 2011 proxy...
more
Nov 9, 2011How Consequential is Citizen’s United?
November 9, 2011 Election Law Blog
by Richard Pildes
There is a tendency right now to attribute to Citizens United (CU) virtually all newly emerging forms of financing elections, and the increasingly large amounts, that arose in the 2010 election cycle and that look to...
more
Nov 7, 2011The indirect political spending of the S&P 100
November 7, 2011 Law Professor's Blog Network
by Elizabeth Pollman
The Center for Political Accountability and Wharton’s Zicklin Center for Business Ethics recently released a report evaluating the political spending and disclosure practices of the S&P 100. They’ve come up...
more
Nov 4, 2011The Biggest Companies Are Getting the Message
November 4, 2011 Motley Fool
by Alyce Lomax
The unholy alliance between money and politics is one of the biggest controversies capturing the public spotlight these days. Fortunately, heightened attention to the topic seems to be convincing the biggest corporations to...
more
Nov 4, 2011Study ranks UPS high in political transparency
November 4, 2011 Atlanta Business Chronicle
by Dave Williams
United Parcel Service Inc. .. has one of the most progressive policies for disclosing political contributions among the nation’s largest companies, according to a new study.
more
Nov 2, 2011New Index Looks at S&P 100 Corporate Political Spending Policies and Practices
November 2, 2011 The Confernece Board
from the Governance Center Blog
With the 2012 presidential and congressional elections hurtling toward us and another proxy season just around the corner, the topic of corporate political spending is looming large, as U.S. companies...
more
Nov 1, 2011Political-Giving Feedback
November 1, 2011 Treasury & Risk
by John Mulqueen
The issue of corporate political contributions has drawn a lot of attention since 2010, when the Supreme Court opened the way for secret political contributions by companies and unions. Shareholder groups are pressing...
more
Oct 31, 2011Amazon Gets Failing Grade for Political Transparency, Says Study
October 31, 2011 Seattle Weekly
by Curtis Cartier
Question: What do Amazon and Disney have in common?
Answer: Both company's founders had/have a strange interest in cryogenics.
Oh, also both companies are apparently extremely secretive about how they spend money to...
more
Oct 31, 2011Study Rates S&P 100 Corporate Political Transparency, Accountability
October 31, 2011 Corporate Counsel
by Sue Reisinger
A growing number of U.S. companies are putting restrictions on political contributions and are voluntarily disclosing corporate political spending, according to a new study by the nonpartisan Center for Political...
more
Oct 31, 2011Under shareholder pressure, companies disclose political spending
October 31, 2011 InsideCounsel.com
by Cathleen Flahardy
According to a recent survey by the Center for Political Accountability, a non-profit created in 2003 with a goal to bring transparency to corporations' political spending, an increasing number of companies is...
more
Oct 31, 2011Companies rethink corporate political donations
October 31, 2011 Inside Investor Relations
by Brad Allen
A survey of practices at the S&P 100 reveals that two dozen of the largest US corporations have publicly opted out of political spending funneled through independent committees, as allowed by the Supreme Court...
more
Oct 29, 2011Study: Corporations placing own limits on political spending
October 29, 2011 Los Angeles Times
by Melanie Mason
Faced with the option of limitless political spending in a post-Citizens United world, corporations are increasingly choosing to disclose, and in some cases limit, their giving, according to a study released Friday....
more
Oct 28, 2011Study: Where do Minnesota companies rank in political disclosure?
October 28, 2011 Minnesota Independent
by Jon Collins
A study released today ranked the top 100 American companies on how well they disclose their political activities, finding that many companies are moving towards adoption of disclosure policies, although others, such as...
more
Oct 28, 2011Amazon, Disney tight-lipped on giving
October 28, 2011 Politico
by Dave Levinthal
Amazon.com may be a leading purveyor of information. The Walt Disney Company trades in making youthful dreams come true.
But both corporations rank among the nation’s worst when it comes to disclosing and managing their...
more
Oct 28, 2011More Companies Shed Light on Political Spending
October 28, 2011 Reuters
by Kim Dixon
More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday....
more
Oct 28, 2011Walt Disney Doesn't Want You To Know Which Political Campaigns It's Paying For
October 29, 2011 Miami New Times
by David Minsky
Walt Disney might be known best for sunny characters like Mickey Mouse, but that doesn't mean it's opposed to a little dark political skullduggery on the side. Disney is worst among big American corporations in terms of...
more
Oct 28, 2011Is Political Accountability an Oxymoron
October 28, 2011 Intel CSR Blog
by Linda Qian
Intel does have Political Accountability Guidelines based on the Center for Political Accountability’s Model Code of Conduct for Political Spending. That document is a living document that was just recently updated this year...
more
Oct 28, 2011Index Ranks Companies on Political Spending Disclosure
October 28, 2011 Sustainability Investment News
by Robert Kropp
SocialFunds.com -- Today, at the Zicklin Center for Business Ethics Research at the Wharton School, the Center for Political Accountability (CPA) launched the most recent of its initiatives to improve...
more
Oct 27, 2011More Corporations Shed Light on Political Spending
October 27, 2011 National Public Radio
by Peter Overby
For the first time, 100 of America's biggest corporations are being rated on the transparency of their political activities.
On Friday, the Wharton School at the University of Pennsylvania and the nonpartisan Center...
more
Oct 27, 2011Largest U.S. Companies Increasingly Disclose Political Spending
October 27, 2011 Bloomberg News
by Kristin Jensen and Alison Fitzgerald
The largest U.S. companies are increasingly disclosing to shareholders the donations they make to political candidates and interest groups, according to the Center for Political Accountability....
more
Oct 26, 2011The Influence Industry: Judicial elections, corporate policies give glimpse into 2012
October 27, 2011 Washington Post
by Dan Eggen
Two studies scheduled to be released Thursday offer contrasting predictions for the 2012 elections: Outside groups are likely to spend more money than ever, but many top corporations may not be among them.
The second study,...
more
Aug 13, 2011The Conference Board Forms Committee on Corporate Political Spending
August 13, 2011 SocialFunds.com
by Robert Kropp
After collaborating last year with the Center for Political Accountability on a Handbook on Corporate Political Activity, the Board seeks to educate its member businesses on the issue in advance of the 2012 elections.
more
Aug 9, 2011Corporate Political Donations: Ties that Bind
August 9, 2011 Corporate Board Member
by John R. Engen
By now, most corporate leaders are at least vaguely familiar with Target Corp.’s ill-fated dalliance in the arena of financing election campaigns. During the 2010 Minnesota gubernatorial race, the big Minneapolis-based...
more
Aug 4, 2011Corporate Political Spending Will be a Major Issue in 2012
August 4, 2011 Sustainability Investment News
by Robert Kropp
SocialFunds.com -- The degree to which the Supreme Court's Citizens United decision of January 2010 has galvanized activist shareowners was made clear this past proxy season, when resolutions addressing political...
more
May 17, 2011Obama mulls new way to measure political reach
May 17 2011 USA Today
by Fredreka Schouten
WASHINGTON — Some of the nation's biggest government contractors do not disclose details of their political spending through trade associations and other third-party groups that are playing an increasingly important role in...
more
May 13, 2011Shareholder advocacy groups lift veil on political contributions
May 13, 2011 Star Tribune
by Susan Feyder
Spurred by a U.S. Supreme Court ruling that opened corporate coffers to political candidates, shareholder advocacy groups are taking companies here and elsewhere to task for their political spending policies.
more
Mar 23, 2011When it Comes to Political Spending, Some Companies Tell All
March 23, 2011 National Public Radio
by Peter Overby
The percentage of undisclosed money in the political system went up during last year's midterm elections. That's because of a dramatic increase in advertising by anonymously funded freelance organizations such as the...
more
Feb 24, 2011Target Corp Revises Contribution Policy But Questions Continue After 2010
February 24, 2011 BNA Money and Politics Report
by Kenneth P. Doyle
Target Corp., the national retailer that prompted headlines and a boycott effort last year when it contributed to a conservative campaign spending group, has quietly adopted a new policy calling for more...
more
Feb 4, 2011Investors Target Political Spending
February 4, 2011 Inside Investor Relations
by Jeff Cossette
Doling out corporate cash to support political campaigns is not winning any votes with shareholders
more
Dec 13, 2010Business Leaders See Risks in Unchecked Political Spending
December 13, 2010 National Journal
by Eliza Newlin Carney
Reform advocates railing against undisclosed corporate campaign spending may have an unlikely new ally in the never-ending political money wars: Business leaders themselves.
more
Dec 7, 2010Handbook Guides Corporations on Disclosure of Political Activity
December 7, 2010 Institutional Shareholder
by Robert Kropp
SocialFunds.com talks with Bruce Freed, President of the Center for Political Accountability and co-author of the Handbook on Corporate Political Activity, about efforts to increase corporate disclosure of payments...
more
Dec 2, 2010Shareholders Target Politics
December 2, 2010 Treasury and Risk
by Dave Lindorff
Retailer Target was once seen as a paragon of social responsibility. The company offers scholarships and steers 5% of profits to programs in the communities in which its stores are located. As recently as 2008, socially...
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Dec 2, 2010After Citizens United, Political and Legal Strategies Still Evolving
December 2, 2010 WNYC
by Anna Sale
It's been nearly a month since the midterm elections, but the impact of the Supreme Court's Citizens United campaign finance decision is still largely disputed.
A bitterly divided court ruled in January that the government may not limit...
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Nov 17, 2010Regulatory: Corporate Political Expenditures After Citizen's United
November 17, 2010 Inside Counsel
by William H. Minor
This month’s elections featured an avalanche of independent spending designed to persuade voters to support or oppose particular candidates. Anyone who lives in a state with one or more competitive races on the 2010 ballot...
more
Oct 1, 2010Political spending does not always match CSR values
October 1, 2010 Financial Times
by Sarah Murray
In January this year, a US Supreme Court ruling removed limits on corporate spending in political campaigns.
The decision, which is expected to release into the election process a wave of corporate and special interest...
more
Aug 30, 2010New Spending Rules Mean New Backlash
August 30, 2010 National Journal
by Eliza Newlin Carney
For American corporations testing their new freedom to spend money directly on campaigns, the backlash against donations by Target Corp. and Best Buy Co. sends a stark warning: Proceed at your own risk.
more
May 10, 2010Funds Want More Disclosure of Railroad's Political Spending
May 10, 2010 Virginia Pilot
by Robert McCabe
For the second year in a row, a group of New York City pension funds has asked
shareholders of Norfolk Southern Corp. to push the railroad's board of directors to better
disclose the company's spending on political activities.
more
May 7, 2010WellCare's Investor Wants Disclosure
May 7, 2010 Health News Florida
by Jim Saunders and Mike Wells
A New York-based investor is pushing to require WellCare Health Plans --- a major contributor to Florida politicians and parties --- to disclose more information about how it spends company money on political...
more
Apr 5, 2010Shareholder Groups Seek to Limit Corporate Contributions
April 5, 2010 Christian Science Monitor
by Margaret Price
Shareholder groups aim to keep a lid on companies’ political spending in the wake of Citizens United v. the Federal Election Commission, a case in which the Supreme Court eased restrictions on corporate campaign spending.
more
Mar 11, 2010Testimony of Professor John C. Coffee, Jr.
March 11, 2010 Subcommittee on Capital Markets, Insurance, and Government Sponsored Entities of the House Financial Services Committee
by John C. Coffee, Jr.
I am pleased and honored to be invited to testify here today. My message is
simple: Congress cannot successfully...
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Feb 23, 2010CPA Demands Political Donations Disclosure
February 23, 2010 Corporate Secretary
Last week the Center for Political Accountability (CPA) sent 430 letters to members of the S&P 500 who do not yet disclose their political spending. The letter, whose numerous signatories include the Council of Institutional Investors, warns...
Feb 22, 2010Valuing Corporate Politics
February 22, 2010 Pensions and Investments
by Roger Schillerstrom
The U.S. Supreme Court decision Jan. 21 relaxing legal constraints on corporate political advocacy spending makes disclosure of such spending more important than ever.
more
Feb 9, 2010Investors Seek More Disclosure on Political Spending
February 9, 2010 Wall Street Journal
by Scott Thurm
An effort by activist shareholders to prod companies to disclose political contributions is
taking on new urgency following last month's Supreme Court decision loosening
restrictions on corporate political spending.
more
Feb 5, 2010Global Proxy Watch Newsletter
February 5, 2010 Global Proxy Watch
US shareowner activists have been galvanized into collective action by Citizens United, the surprise US Supreme Court decision lifting most restrictions on corporate political spending...
Jan 29, 2010Corporate Campaign Spending: The Buck Stops Where?
January 29, 2010 AARP Bulletin Today
by Bill Hogan
In a game-changing decision handed down on Jan. 22, the U.S. Supreme Court cleared the way for corporations big and small to pump as much money as they want into election advertising that explicitly promotes or attacks...
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Jan 28, 2010Good Governance is Key to Policing Corporate Political Activities
January 21, 2010 The Council of Institutional Investors: The Voice of Corporate Governance
In a 5-4 decision, the Supreme Court ruled today that
the government may not bar companies, labor unions
and other organizations from using their general
treasuries to fund...
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Jan 22, 2010Day After: SCOTUS Ruling Not So Bad
January 22, 2010 Politico
by Jeanne Cummings
New money will flow into campaigns this year as a result of Thursday’s Supreme Court
decision, but will the impact be as dramatic as all the hyperventilating in Washington
suggests?
more
Jan 21, 2010'Free at Last,' Business Says as Court Opens Campaign Spending
January 21, 2010 Bloomberg
by Lorraine Wollert and Jonathan Salant
Jan. 21 (Bloomberg) -- Business groups celebrated the potential for greater political
influence as labor unions and shareholder activists began looking for ways to counter a
U.S. Supreme Court ruling that...
more
Dec 14, 2009More Companies are Disclosing Their Political Activity
December 14, 2009 USA Today
by Fredreka Schouten
WASHINGTON- Drugmaker Merck's political action committee donated more than $572,000 to federal candidates in the 2008 election and racked up $4.6 million in expenses to lobby Congress and the executive branch last year,...
more
Nov 7, 2009Electon Spending: Reformers on Flood Watch
November 7, 2009 National Journal
by Sara Jerome
Doomsday scenarios from campaign finance reform advocates are enough to make you
grab hip waders. A pending Supreme Court decision, advocates say, could "open the
floodgates to unlimited corporate and union spending during...
more
Oct 24, 2009Corporate America's Enlightened Disclosure
October 24, 2009 National Journal
by Julie Kosterlitz
Six years ago, Bruce Freed embarked on a seemingly quixotic quest. The former Senate
investigator and newspaper columnist set out to get corporate America to reveal and
rethink the cash that it lavishes on the nation's...
more
Oct 22, 2009Shareholders Should Hear About Political Spending
October 22, 2009 Business Week
by Ciara Torres-Spellescy
On Sept. 9, about a month before the U.S. Supreme Court officially kicked off its 2009-
2010 term, the justices assembled to rehear a closely watched case about corporate
campaign spending. Citizens United v. Federal...
more
Oct 1, 2009Investors Urge Chamber Defections
October 1, 2009 Roll Call
By Anna Palmer
Activist shareholders are pressuring companies such as Nike to pull out of the U.S. Chamber of Commerce, arguing that the trade group’s stance against climate change
legislation is incompatible with the companies’ own positions.
more
Jun 10, 2009Cash-for-clunkers deal moves ahead
June 10, 2009 Politico
By Lisa Lerer
A controversial auto bill that would reward consumers with tax credits for trading in their old cars and buying more-fuel-efficient ones passed the House on Tuesday, inching closer to becoming law.
more
Apr 17, 2009El Paso advocates disclosure standards
April 17, 2009 Houston Business Journal
By Greg Barr
Bruce Freed has been prodding publicly traded companies for five years to provide details of political expenditures using corporate funds. His Washington, D.C., advocacy group, the Center for Political Accountability, sent...
more
Mar 24, 2009Companies try to clean up their act
March 24, 2009 Politico
By Jeanne Cummings
Having the wrong political benefactor can be as toxic an asset as a bundled bunch of subprime loans. Just ask the PMA Group, Kuchera Defense Systems and Kuchera Industries, all companies caught up in a federal investigation...
more
Feb 23, 2009Shareholder Advocates Want Political Disclosure
February 23, 2009 National Journal
By Robert Gettlin
The Center for Political Accountability, a nonprofit, nonpartisan organization that advocates for transparency and accountability in corporate political spending, has sent a letter to 19 financial companies that received...
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Dec 17, 2008Measuring Corporate Accountability
December 17, 2008 National Journal
By Bara Vaida
Companies over the years have gotten caught up in controversy by providing monetary support for hot-button state ballot measures. The most recent companies to get embroiled in such measures are Bolthouse Farms, Pacific Gas &...
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Jun 1, 2008When Political Giving Doesn't Pay
June 1, 2008 Directorship
By Aaron Bernstein
As the 2008 presidential election hits full stride, your company may be inclined to shell out? through the legal channels of PACs, 527s, and other avenues?to the candidate perceived to be in the best interest of your company or...
more...
May 29, 2008Corporations to Disclose Political Contributions
May 29,2008 New York Times Caucus blog
By Leslie Wayne
Boards of directors of Fortune 500 companies typically get involved in such matters as setting dividends, hiring executives and deciding on corporate strategy. But a new task has been added to the agenda of many...
more
May 13, 2008Companies Start to Lift Veil on Political Spending
May 13, 2008 Washington Post
By Jeffrey H. Birnbaum
Ever wonder how much companies really spend to influence government through trade associations? Well, a few corporations are coming clean, or at least cleaner.
more
Mar 14, 2008Political Blinders
March 14, 2008 Global Proxy Watch
By Stephen Davis
Should a company's board control its political spending, a task usually left to management? Some 62% of US directors think boards should oversee donations, and 57% think such spending should require board approval,
Feb 28, 2008Companies to disclose political aid
February 28, 2008 Financial Times
By Francesco Guerrera
Five large US companies, including American Express and Xerox, will bow to shareholder pressure on Thursday and agree to disclose all their political spending.
more
Feb 28, 2008Disclosing gifts to trade groups: the next big thing in governance?
February 28, 2008 Financial Week
By Jeff Nash
Five U.S. public companies have agreeed to disclose the donations they make to trade associations and other non-profits that are used for political purposes, bringing the total number of companies now providing such disclosure...
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Jan 28, 2008Monsanto bears up to baring its political contributions
January 28, 2007 St. Louis Post-Dispatch
By David Nicklaus
A year ago, Monsanto resisted the idea of disclosing political contributions on its website. It said such reporting "would not be useful to shareowners and would be burdensome and an unnecessary expense to the...
more
Jan 17, 2008Is your portfolio politically slanted?
January 17, 2008 Christian Science Monitor
By Laurent Belsie
Do you know the political slant of your portfolio? Every election cycle, US businesses pour hundreds of millions of dollars into campaigns, parties, and politically affiliated groups. Some of that money is...
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Jan 14, 2008Corporate Governance special report
January 14, 2008 Wall Street Journal
By Andrew Yurkovsky
The pace of companies adopting policies to disclose their political spending has quickened, with 18 more companies in the Standard & Poor's 500 index agreeing last year to disclose such spending. According to the...
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Nov 16, 2007Lifting the Curtain on Corporate Contributions
December 16, 2007 Conde Nast Portfolio.com
By Megan Barnett
During the first six months of 2007, Pfizer spent $128,969 from its corporate checkbook on political donations to Democratic and Republican politicians. It doled out another $614,300 to various party committees and...
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Aug 12, 2007Resolved: Public Corporations Shall Take Us Seriously
August 12, 2007 New York Times Sunday Magazine
By Dashka Slater
Daly's order, the Sisters of Saint Dominic of Caldwell, N.J., owns about 300 of the 5.5 billion Exxon Mobil shares outstanding, but she has used those few shares to keep the company talking about an issue that...
more
Aug 1, 2007What's Next for Governance?
August 1, 2007 Institutional Shareholder Services
Investors and U.S. corporate issuers came together as never before in 2007 to address a wide range of concerns and to better align views on corporate best practices.
more
Jun 4, 2007Proxy bids more than hot air
June 4, 2007 Financial Week
By Jeff Nash
With the 2008 election season ramping up, investors are increasingly asking companies to better disclose their political contributions?and in many cases, they?re getting what they asked for.
more...
Apr 17, 2007To Conceal Donors, Some Political Groups Look to the Tax Code
April 17, 2007 The Washington Post
By Jeffrey H. Birnbaum
An increasing number of organizations working to influence elections also are working to hide who is paying for their activities.
more
Apr 1, 2007Investors want facts on political donations
April 1, 2007 Financial Times
By Francesco Guerrera
Corporate America's traditional secrecy on political spending is under attack from an investor drive for greater transparency before the 2008 presidential election campaign.
more
Mar 21, 2007Nonprofit Calls on Firms to Include Donation Rules in Codes of Conduct
March 21, 2007 Wall Street Journal
By Dean Treftz
A shareholder advocacy group is calling for companies to include rules on corporate political donations in their codes of conduct, in order to avoid potential legal problems and perhaps scandal.
more...
Mar 6, 2007A Peek Into Corporate America
March 6, 2007 The Washington Post
Not waiting for Congress to impose new disclosure laws, shareholder activists have persuaded some of the nation's largest companies to disclose their political spending on such things as issue campaigns. General Electric, Hewlett-Packard and...
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Jan 29, 2007Cutting Risk by Disclosing Political Donations
January 29, 2007 Politico.com
By Andrew Glass
In politics, it often pays to be ahead of the curve. That holds true for corporate governance too, even more so when politics enter the equation.
more...
Jan 28, 2007Monsanto bears up to baring its political contributions
January 28, 2007 St. Louis Post-Dispatch
By David Nicklaus
A year ago, Monsanto resisted the idea of disclosing political contributions on its website. It said such reporting "would not be useful to shareowners and would be burdensome and an unnecessary expense to the...
more...
Jan 24, 2007Home Depot Agrees to Disclose Political Donations
January 24, 2007 Bloomberg News Service
By Vineeta Anand
Home Depot Inc. agreed to disclose its political donations for the first time, one of several new policies that may help appease investors angered by former Chief Executive Officer Robert Nardelli's severance package.
more...
Nov 7, 2006Activists Say BP Breaking Promise on Campaign Donations
November 7, 2006 Dow Jones Newswires
By John M. Biers
BP PLC (BP), which vowed to refrain from making political donations in 2002, has come under renewed criticism over a series of recent U.S. contributions that shareholder activists say contradict its pledge.
more...
Aug 22, 2006Lifting the veil of secrecy on corporate political donations
August 22, 2006 Financial Times
By Francesco Guerrera
When President Theodore Roosevelt railed against business people for putting their fortunes "only to the basest of uses", he did not include currying political favour as one of the abominations of those "malefactors
of...
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May 31, 2006Does your company keep political secrets?
May 31, 2006 Fortune
By Marc Gunther
Transparency is a big trend these days in corporate America.
Under pressure from regulators, shareholders and activists, Fortune 500 companies are becoming more open about executive pay, the makeup of their workforce, the safety of their...
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May 14, 2006Secrets of Corporate Giving
May 14, 2006 Time
By Douglas Waller
Merck prides itself on being socially enlightened. The drugmaker gives its employees diversity training and extends health insurance to same-sex partners. But a report to be released this week by the Washington-based Center for Political...
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Apr 25, 2006Watchdog group makes quiet gains for transparency in corporate giving
April 25, 2006 The Hill
By Elana Schor
With ethics and campaign-finance reform making plenty of headlines
this year, one might think the watchdog Center for Political Accountability would be a household name inside the Beltway. But the
group operates mainly under the radar...
more...
Apr 5, 2006Investors Seek Clarity on Campaign Giving
April 5, 2006 Wall Street Journal
By Jeanne Cummings
As Congress debates new campaign-finance rules, shareholder groups
are pushing companies to do a better job of disclosing political donations.
more...
Mar 20, 2006More Firms' Political Ties Put Online
March 20, 2006 Los Angeles Times
By Jonathan Peterson
Under pressure from shareholder activists, a small but growing number of major U.S. companies have agreed to disclose their political donations on their corporate websites.
more...
Mar 10, 2006This Year's Proxy Issue: Political Contributions
March 10, 2006 American Banker
By Jim Cole
Shareholders are pushing Citigroup Inc. and several other banking companies this proxy season to fully disclose their political contributions.
more...
Jan 31, 2006Up Front
January 31, 2006 Business Week
By Nanette Byrnes
General Mills (GIS ) has become the latest company to agree to disclose its political donations -- and the sixth this year. It joins Amgen (AMGN ), Bristol-Myers Squibb, Staples, Southern Co. (SO), and McDonald's (MCD ) in...
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Jan 18, 2006Pressure On Boards to Oversee Soft Dollars Hardening in 2006
January 18, 2006 Dow Jones
By Tiffany Kary
As a political storm continues to gather over the dealings between former
House Majority Leader Tom DeLay and lobbyist Jack Abramoff, it isn't just politicians who need to be wary. Companies are also reassessing their political...
more...
Dec 16, 2005Shining Light on Corporate Political Gifts
December 16, 2005 The New York Times
By Floyd Norris
WHICH politicians - and which political causes - are your companies financing? Will those contributions come back to haunt them as prosecutors go after lobbyists for expenditures that could be deemed contributions - or...
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Sep 26, 2005Funds vote down political disclosure proxies
September 26, 2005 Reuters
Mutual funds, which hold more than 22 percent of U.S. corporate stock,
overwhelmingly voted against proposals to require corporations to disclose political contributions in the 2005 proxy season, a new study found.
more...
Jun 15, 2005Missing in Action?
June 15, 2005 Roll Call
By Tory Newmyer
NAM promised to fight vigorously for Bush's judges. Or did it?
more
Jun 1, 2005Proponents Score Several Wins in Spring Season
June/July 2005 IRRC's Corporate Social Issues Reporter
By Carolyn Mathiasen and Meg Voorhes
The spring 2005 proxy season for corporate responsibility issues was notable for a new campaign, led by AFSCME and the state of Minnesota, questioning drug companies on their policies...
more...
May 1, 2005J&J, Schering-Plough Boards Will Oversee Donations
May 1, 2005 Board Alert
Following the lead set by Morgan Stanley and Pfizer, Johnson &
Johnson and Schering-Plough have agreed to publicly disclose and
explain the reasons for their corporate political contributions. The
firms' boards, in a move that goes beyond what...
more...
Apr 7, 2005NPR Report on Johnson & Johnson, Schering-Plough Political Disclosure Moves
April 7, 2005 National Public Radio
Peter Overby
National Public Radio covered the decision by pharmaceutical giants Johnson & Johnson and Schering-Plough to disclose and require board oversight of the political contributions they make with corporate
funds.
more...
Mar 6, 2005Investors turn focus to political contributions
March 6, 2005 Chicago Tribune
By Andrew Countryman
Amid the scores of shareholder resolutions filed each proxy season, a growing number of investors want to know where companies are spreading their political contributions.
more...
Feb 14, 2005BellSouth, Citigroup, Eli Lilly Urged to Disclose Donations
February 14, 2005 Bloomberg News Service
By Jonathan D. Salant
BellSouth Corp., Citigroup Inc. and Eli Lilly & Co. are among more than 30 companies that will be asked by institutional investors including unions to disclose their political donations and the reasons for them.
more...
Nov 1, 2004Strange Bedfellows
November 1, 2004 IR Magazine
By Jana Sanchez
Enron's collapse in 2001 turned media - and beleagured shareholders' - attention to corporate political donations. The energy giant's political generosity seemed to give its executives particularly former chairman Kenneth Lay,...
more
Sep 1, 2004Election Year Focuses Shareholders on Corporate Political Contributions
September 2004
By Shelley Alpern
Until very recently, the socially responsible investment (SRI) movement has devoted relatively little attention to the problem of corporate political giving. Having nothing to do with companies that donate unseemly sums to political causes may sound...
more...
Aug 16, 2004Business behavior is too opaque
August 16, 2004 Oregon Live.com
News items remind us of two types of corporate information that should be made prominently available to shareholders, employees and creditors.
more...
Apr 16, 2004U.P. political gifts are questioned
April 16, 2004 World-Herald
By Stacie Hamel
The Washington, D.C.-based center distributed information this week reporting that U.P. made $1,032,022 in corporate contributions in the 2002 election cycle and that the company "gave to conduits that, in turn, contributed to...
more...