Since 2004, shareowners have been filing a proposal at corporations asking for greater transparency in their political expenditures. There are now about thirty proponents, and the number is growing. Their proposals incorporate model language developed by the Center for Political Accountability (CPA). The language has evolved slightly as campaign finance laws and practices have changed, […]
Tag Archives | political contibutions
Resolutions Challenge Chamber Board Members on Political Expenditures
James McRitchie, 11/15/2010 ,
Investors recently announced filing of shareowner resolutions at several corporations with board members who also sit on the Board of the U.S. Chamber of Commerce, challenging these corporate boards to review their policies and oversight of political expenditures, especially through trade associations. The first filings are at Accenture, IBM, Pepsi and Pfizer. The filers believe […]