Washington, D.C. — The Center for Political Accountability (CPA)released today a primer on corporate political spending. As the CPA’s primer sets forth, corporate political spending takes various forms. The report provides a definition that covers the most common types of…
Washington, D.C. – Forty-four companies — a record number — are expected to vote on political disclosure shareholder resolutions in the 2007 proxy season. Based on Center for Political Accountability (CPA) model proposals urging companies to disclose and require board…
Washington, D.C. — In a major expansion of company political disclosure, General Electric (NYSE:GE), Hewlett-Packard (NYSE: HPQ) and American Electric Power (NYSE: AEP) have agreed to report their trade association payments used for political purposes as part of their…
Trade associations have become the Swiss bank accounts of American politics. Through them, corporations spend millions of dollars on political activities that can ultimately lead to a decline in shareholder value and compromise the reputations of corporations and their leaders. Hidden Riversuses case studies of hotly contested judicial elections to show how corporations, via trade…
Washington, D.C. – October 10, 2006. In a significant shift, eight of 30 “large cap” U.S. equity mutual funds voted for corporate political disclosure resolutions in the 2006 proxy season, the Center for PoliticalAccountability (CPA) reported today. Previously, the major…
Washington, D.C. — General Mills (NYSE: GIS) became the latest major company to agree to disclosure and board oversight of its corporate political contributions. The company’s move came at the close of the most successful proxy season yet for corporate political disclosure…
Washington, D.C. – In a report released today, the Center for Political Accountability (CPA) called trade associations “the Swiss bank accounts of American politics” for their role in helping companies conceal and spend over $100 million in corporate funds. This spending, the…
Washington, D.C. – McDonald’s (NYSE: MCD) and Southern Co. (NYSE:SO) agreed to disclose and have their directors oversee soft money political contributions made with corporate funds, shareholder activists announced today. The groups, Washington-based Center for Political…