Washington, DC – The Center for Political Accountability warned today that the U.S. Supreme Court’s decision on June 29, 2009 ordering a new hearing of Citizens United v. Federal Election Commission threatened a tidal wave of undisclosed, unaccounted for money in federal and…
Washington DC – As the 2009 proxy season formally opens, the pace of political disclosure is accelerating as seven new companies from a cross-section of American business have agreed to adopt or expand their disclosure of political spending with corporate funds. This brings to 60 the number of companies embracing what is becoming a corporate…
Washington DC – The Center for Political Accountability and the Zicklin Center for Business Ethics Research at the University of Pennsylvania’s Wharton School called on the U.S. Supreme Court to leave in place long-standing limits on corporate political activity and more
Washington, D.C. – Warning that “gaps in transparency and accountability” contributed to the current economic crisis, shareholder advocates called on 19 financial companies that received more than $1 billion under the U.S. Treasury Department’s Troubled Asset Relief Program…
Washington, D.C. — An article in the Sacramento Bee yesterday highlighted the abuses of candidate-controlled ballot measure committees that were the focus of the Center for Political Accountability’s recent Taking Initiative report. Released last month, the report examined how the committees were used to evade campaign contribution and spending limits in California and the risks…
Washington, DC — To “enable companies to act ethically without sacrificing their right to speak on important public issues,” the Center for Political Accountability and the Zicklin Center for Business Ethics Research at the University of Pennsylvania’s Wharton School called…
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…
Washington, D.C. — In the wake of one of the most divisive ballot easure battles in American history, the Center for Political Accountability (CPA) has completed a comprehensive study of how corporate bankrolling of initiatives can distort the democratic process and…
Washington, D.C. — In a sign of accelerating support from the institutional investor community, at least 13 mutual fund families switched their votes in 2008 to support shareholder resolutions calling on companies to disclose and require board oversight of their political…