Support for corporate political disclosure sponsored by the Center for Political Accountability’s resolution jumped among the largest mutual funds in 2018. An analysis by Fund Votes found support moved to 53%, up from 45% in 2017. This 8% increase was the largest since CPA began tracking institutional investor votes on its resolution in 2008. Continue Reading →
Tag Archives | Bruce Freed
2018 CPA-Zicklin Index shows gradual improvement. Public corporations embracing disclosure and accountability of their political spending hold fast despite countervailing pressures from Washington. Continue Reading →
CPA Statement on President Trump’s Silence on “Draining The Swamp” in Money and Politics
Bruce Freed, president of CPA, issued the following statement about President Trump’s failure to address campaign finance reform and corporate political disclosure and accountability in his Inaugural Speech:
President Donald Trump made ‘draining the swamp’ a centerpiece of his presidential campaign. However, the swamp will only deepen with his failure to even mention one of today’s critical issues – campaign finance reform – in his Inaugural address. This is a tremendous missed opportunity. As a steadily growing number of America’s leading companies are adopting transparency and accountability for their political spending, the President could have endorsed their effort and given it a big boost. Instead, his silence only heightens the risks that political spending poses to companies. So sad.
At Alliant’s annual meeting on July 31st 65% of shares were voted in favor of the ICCR-sponsored proposal on increased transparency on company’s state and federal lobbying activities. That’s an exceptionally high vote for a shareholder-sponsored proposal, today investorsin Alliant Techsystems (ATK) an aerospace and defense contractor and gun manufacturer, voted in favor of a shareholder request for greater transparency on the company’s lobbying activities. Continue Reading →
This session features a debate on corporate political spending by Bruce Freed, president and founder of the Center for Political Accountability, and Brian Cartwright, a former general counsel at the Securities and Exchange Commission. They discuss the most frequently submitted type of proxy proposal in 2013, disclosure of political expenditures. How do we address corporate money in politics? There’s no real video on this one, just a picture of the Continue Reading →