The 2016 CPA-Zicklin Index of Corporate Political Disclosure and Accountability

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Citation: Center for Political Accountability (2016/09/29) The 2016 CPA-Zicklin Index of Corporate Political Disclosure and Accountability.
Internet Archive Scholar (search for fulltext): The 2016 CPA-Zicklin Index of Corporate Political Disclosure and Accountability
Download: http://politicalaccountability.net/index?ht=d/sp/i/8051/pid/8051
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Summary

Report on all S&P 500 (493 companies, due to acquisitions) and index political disclosure and accountability.

Data was gathered from company public websites.

209 companies engaged by shareholders with resolution on political spending disclosure and accountability, 128 of these reached agreements (index score 71.8) those engaged but no agreement have index score 48.8; another 284 have not received such as resolution (index score 26.7)

Narrow definition of "political spending": 8 companies (Accenture, HP, IBM, Nielsen, Praxair, Schlumberger, Goldeman Scachs, ADP) claim to not spend corporate funds on elections and instruct trade associations to not spend their funds on elections.

Detailed or brief/vague policy on website:

  • governing political expenditures of corporate funds
  • what sorts of political entities may or may not be contributed to
    • State candidates, parties and committees
    • National 527 groups
    • Independent expenditures
    • Ballot measures
    • Trade associations
    • “Social welfare” or 501(c)(4) organizations
  • public policy priorities upon which expenditure decisions are based

Varying levels of board oversight of political spending.

Larger companies scored better (first tier average market cap $71b, bottom tier $17b).

Utilities scored highest (56.3), consumer discretionary lowest (33.0).


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