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Political Money: The Need for Director Oversight
Tuesday, April 1, 2008
Political Money: The Need for
Director Oversight
When it comes to corporate governance,
one area often overlooked is company involvement in politics. The
amount of money companies spend for political purposes is
relatively small and viewed as immaterial,
even though business
historically has been a major political funder.
Until recently, political
expenditures were not fully disclosed and were
rarely subject to oversight
by boards. Political Money: The Need for
Director Oversight, was published as
part of the Conference Board's Executive
Action Series No. 263 in April
2008.