The New Rules of Political Spending Oversight
Rising reputational, legal and shareholder risks are pushing boards to treat political spending as a governance priority.
Maintaining an Ethical Compass in Turbulent Times
Companies and their leadership are at a crossroads: how to constructively engage in the political process and manage political spending. Confronted with challenges and risks never faced before, their previous political spending and engagement strategies, designed for a period of predictability under stable democratic institutions, no longer advance or protect corporate interests.
The Crypto Industry’s Big Election Spending Highlights Political Risk of Super PACs
The U.S. cryptocurrency industry has become one of the most aggressive players in U.S. elections, but its spending has amplified scrutiny and backlash of the industry without delivering clear wins.
Nathan Cummings Foundation v. Axon Enterprise, Inc.
Between 2011 and 2025, proposals seeking disclosure of political spending won majority support at 30 companies, according to the Center for Political Accountability (CPA).
IRS glitch masked $51m in political donations, finance watchdog says
A total of $51m for the second half of 2025 remains unaccounted for due to this technical error, according to the Center for Political Accountability (CPA), a non-profit that tracks corporate spending.
Proxies for Politics
The Center for Political Accountability (CPA), which has long worked with investors to promote political transparency, including by developing a model shareholder proposal and maintaining the CPA-Zicklin Index, a widely used measure of corporate political disclosure…
2025 Proxy Season Analysis (Institutional Investor Report)
Support by the largest institutional investors for the Center for Political Accountability’s corporate political disclosure resolution increased to 63.0 percent in the 2025 proxy season, up from 2024’s 60.8 percent support from this group of investors, according to analysis based on shareholder voting data from Diligent Market Intelligence.
Does Transparency Change Behavior?
The CPA-Zicklin Index—developed by CPA and the Zicklin Center for Governance and Business Ethics at the Wharton School—has become the benchmark for measuring how transparently companies report and oversee their corporate-funded election-related spending…