Category Archives: Press Releases

Gaining Momentum: Number of Companies Adopting Political Disclosure Hits 31 (pdf)

CPA Releases Primer on Corporate Political Spending (pdf)

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…

44 Companies to Face Political Disclosure Shareholder Resolution in 2007 Proxy Season (pdf)

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…

In Major Expansion, Four Leading Companies Widen Political Disclosure (pdf)

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…

Monsanto, Verizon, General Dynamics Adopt New Policies for Political Spending (pdf)

Eight Large Cap Mutual Funds Cast Proxies for Corporate Political Disclosure in 2006 (pdf)

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…

General Mills Joins Companies Disclosing Political Spending, Political Disclosure Resolution Leading Vote-Getter in 2006 Proxy Season (pdf)

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…

CPA Report Call Trade Associations “Swiss Bank Accounts” for American Politics, Hiding and Spending Corporate Political Funds and Heightening Risks for Shareholders (pdf)

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…

McDonald’s, Southern Co. Latest Companies to Adopt Political Transparency and Accountability (pdf)

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…

Shareholders See Risky Corporate Political Behavior As Threat to Shareholder Value, Demand Reform, CPA Poll Finds (pdf)

Washington, D.C. – An “overwhelming majority” of American shareholders express concern that company political spending ‘puts corporations at legal risk and endangers’ shareholder value, according to a poll released today. A similar majority want companies to adopt political…