Transparency Increases in Tracking Corporate Political Contributions
As more companies take public stands on political issues, it’s getting easier to follow corporate contributions made to candidates and political parties, ballot measures, and other direct or indirect payments. A new search tool has been launched by The Center for Political Accountability, a non-profit that tracks disclosures of corporate political spending, according to a Deloitte blog published in the Wall Street Journal. The blog notes that although “there is no regulatory obligation for a company to disclose political contributions, more and more are choosing to do so because of investors’ pressure and the risk to their reputations.” Expect boards to pay more attention to governance in this area to calculate the costs and opportunities of political spending in today’s heated political environment.
John Howell, Editorial Director
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