Taking Initiative: How Corporate Contributions to Ballot Measures Pose a Risk to Shareholders, and Why Directors Must Oversee Company Political Spending (pdf)

CPA Reports

Taking Initiative is the first comprehensive study of how corporations put themselves and shareholder value at risk by failing to critically examine their contributions to ballot measures. It explores the proliferation of the initiative in American politics as a means of polarizing and galvanizing voters, and takes a close look at how initiative campaigns have…

Political Money: The Need for Director Oversight (pdf)

CPA Reports

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…