New Companies Bring Number Adopting Political Spending Disclosure to 38 (pdf)
Washington, D.C. – In a major expansion of company politicaldisclosure, Adobe Systems (NASDAQ: ADBE), United Parcel Service (NYSE: UPS) and United Technologies (NYSE: UTX) have agreed to report their trade association payments used for political purposes as part of their…
Use of Trade Associations, c4s as Conduits for Secret Political Spending Highlighted by Wall Street Journal (pdf)
Washington, D.C. – The Center for Political Accountability (CPA) applauded the Wall Street Journal for highlighting the growing use of trade associations and “social welfare” organizations to hide political spending. In several reports this and last year, the CPA warned…
Washington Post Highlights Growth, Danger of Stealth Political Spending Through 501c4s (pdf)
Washington, D.C. — As the Center for Political Accountability (CPA) has been warning, 501(c)(4)s and 501(c)(6)s — non-profit “social welfare” organizations and trade associations — are becoming the vehicle for stealth political campaigns. This development was highlighted…
Fidelity Shift in 2007 Proxy Season Tips Scales Toward Corporate Political Disclosure (pdf)
Washington, D.C. – In an important development, top funds in Fidelity, one of the nation’s leading mutual fund families, moved from opposing to abstaining on shareholder resolutions calling for corporate political transparency and accountability in 2007, the Center for…
Use of 501c4s for Secret Campaign Spending Underscores Need for Corporate Political Disclosure, CPA Warns (pdf)
Washington, D.C. – The emergence of 501(c)(4) groups as major conduits for secret political money in the 2008 elections reinforces the need for public companies to disclose and require board oversight of their political spending, the Center for Political Accountability…
Dell, Oracle Latest Companies to Adopt Political Disclosure (pdf)
Washington, D.C. — September 26, 2007. As 2008 proxy season plans get underway, shareholder activists announced today that Dell (NASDAQ: DELL) and Oracle (NASDAQ: ORCL) have adopted political disclosure and accountability policies. This brings to 33 the number of…
CPA Announces New Board Member (pdf)
Washington, D.C. — Shelley Alpern, Vice President and Director of Social Research and Advocacy at Trillium Asset Management, and Michael Petro, Vice President and Director of Business and Government Policy and Chief of Staff of the Committee for Economic Development, have…