Big Fund Managers Ripped for Opposing Political Cash Disclosures – Bloomberg

BlackRock Inc., Vanguard Group Inc. and Fidelity Investments are being drawn into a fight over political spending with a top Securities and Exchange Commission official rebuking the fund managers for failing to push corporations to disclose their campaign contributions. As managers of trillions of dollars, BlackRock, Vanguard and Fidelity are among the biggest investors in…

2018 Report on Corporate Political Contributions from CPA

Every year we look forward to the latest update from the Center for Political Accountability about corporate political contributions. They are one of our favorite sources for information about the use of shareholder money for campaign contributions and lobbying. This year’s study title is blunt: Collision Course: The Risk Companies Face When Their Political Spending…

Outrageous Attack on Political Spending Disclosure Proposal at Disney

It is not just the name of the group objecting to disclosure of political spending that is oxymoronic; it is the vocabulary they use in trying to explain that a proposal to require disclosure of political spending is somehow contrary to notions of free speech instead of the only way to preserve it. The “Free…

Center for Political Accountability: Rise in Mutual Fund Support for Shareholder Resolutions on Political Contributions

The Center for Political Accountability reports that mutual funds are increasing their support for shareholder resolutions calling for companies to disclose information about their political contributions. Support by mutual funds for the Center for Political Accountability’s corporate political disclosure resolution jumped significantly in 2017, to 48 percent from 43 percent in 2016, according to an…

This Ranking System Is Increasing Corporate Political Disclosure

Corporations are increasingly adopting policies that govern their participation in the political process, acting to voluntarily disclose political contributions and impose restrictions on donations. The findings come from the 2015 CPA-Zicklin Index of Corporate Political Disclosure and Accountability, released Thursday by the Center for Political Accountability and The Carol and Lawrence Zicklin Center for Business Ethics Research…