The Conference Board Governance Center Releases Key Report on Corporate Political Spending and Disclosure
The Conference Board Governance Center’s Committee on Corporate Political Spending is today releasing a comprehensive new report featuring suggested policies and practices for companies engaging in political activity. Corporate Political Spending (Second Edition): Policies, Practices, Accountability, and Disclosure is available free to the public and is intended to advance the discussion of transparency in political spending.
“The report has been fully updated to account for the latest legal and market conditions,” said Judy McLevey, Assistant Director of The Conference Board Governance Center. “Drawing on Committee members’ extensive and diverse expertise, it offers a practical—and ethical—guide both for companies newly considering political involvement and those with decades of political relationships on all levels.”
The report will be launched at a symposium in Washington, D.C. today. It includes a discussion of Crony Capitalism: Unhealthy Relations Between Business and Government, a recently published study by the Committee for Economic Development that examines the growing public perception of corruption in America through three separate trends: a rise in the size and scope of government, increased campaign costs, and the growing power of lobbying.
The Committee on Corporate Political Spending is sponsored by The Conference Board Governance Center®, whose mission is to work in the public interest to provide organizations with knowledge and thought leadership on key issues of corporate governance. For more information, please visit: www.conference-board.org/politicalspending.