Yale SOM on Corporations, Advocates and Voting Rights

The Yale School of Management has published a meticulously researched report on 188 different groups advocating for voting rights, with detailed information on their longevity, funding, staff, positions, and initiatives. For us, the most significant part of the report is this: CEO commitment towards protecting the right to vote remains as strong as ever with 80%…

Agenda – Investors Turning Up Heat on Political Spending

Companies heavily ramped up disclosures on political spending policies and oversight in 2021 as investors received massive support on shareholder proposals on the subject, according to an analysis of proxy voting trends. This year, boards should expect that pressure to rise even higher. With the midterm elections looming, boards need to ensure that directors have…

The Corporate Campaign Against Pandemic Protections

The Daily Poster reports on corporate opposition to basic protections for workers with a link to the 13-page comment filed by the Chamber of Commerce on behalf of 51 trade associations. While the White House and many economists have argued that the vaccine mandate will “promote a faster and stronger economic recovery,” powerful business interests…

Which Corporations Are Funding Politicians Who Aided the Insurrection?

A year ago, a number of corporations promised not to make contributions to elected officials who supported the insurrection. Many promised not to support state politicians behind voter suppression. Some reneged on their promises. Others were silent. And none made significant public changes to funding through harder-to-track intermediaries like the Chamber of Commerce, which had…

GM says it supports Build Back Better… and the lobbying campaign to kill it

Judd Legum’s Popular Information reports on the inconsistency between corporate rhetoric in support of the Biden bill and the lobbying in opposition. So do the companies that have been outspoken about the need for significant climate investments support BBB? Or do they support efforts by the Chamber and the Business Roundtable to kill the legislation?…

Accountable.us — Corporations Still Don’t Want to Pay Taxes

Accountable.us Reports: As the House Ways and Means Committee moves forward on President Biden’s Build Back Better agenda that will hold corporations accountable by making them pay their fair share, big corporate interests — led by the U.S. Chamber of Commerce — continue their massive lobbying blitz to obstruct much-needed progress to help American workers and families. These corporations are spending millions to stop help from getting into families’ pockets despite recent…

Corporate America launches massive lobbying blitz to kill key parts of Democrats’ $3.5 trillion economic plan – The Washington Post

A torrent of political groups representing some of the country’s most influential corporations — including ExxonMobil, Pfizer and the Walt Disney Company — are laying the groundwork for a lobbying blitz to stop Congress from enacting significant swaths of President Biden’s $3.5 trillion economic agenda. The emerging opposition appears to be vast, spanning drug manufacturers,…

Fox faces vote on lobbying proposal | Corporate Secretary

The SEC has given the green light for shareholders in Fox Corporation to vote this fall on a proposal regarding the company’s lobbying activities. The proposal, filed by Kenneth Steiner on behalf of John Chevedden, requests that Fox prepare an annual report disclosing: Company policy and procedures governing direct and indirect lobbying and ‘grassroots lobbying…

Activist Shareholders Score Wins on Election Spending After Riot

“Increased political polarization, the 2020 Election, and the January 6th attack on the Capitol, have shown companies that spending corporate dollars on political causes is risky business,” [Thomas] DiNapoli said in a statement to Bloomberg Law. The trend is expected to continue as activist shareholders vow to make sure that companies stay true to their…

Quit ALEC: 320 Groups Call on CEOs to Quit the Controversial Lobbying Group

Common Cause, Fair Fight Action, and over 300 organizations penned a letter demanding large corporations, including Anheuser-Busch, Blue Cross Blue Shield Association, CenturyLink, Eli Lilly, UPS, FedEx, Oracle, State Farm, Raytheon, Salesforce, Pfizer and others, cut financial ties with the American Legislative Exchange Council (ALEC) over its support of voter suppression legislation throughout the country….