Primer on Corporate Political Spending for Incoming Directors
Over the past year, several corporate executives have expressed a concern to the Center for Political Accountability that new members of corporate boards often lack a broad knowledge of corporate political spending and what it entails. They saw this as impairing new directors’ ability to set political spending policies and conduct the due diligence required […]
Bruce F. Freed is President and Co-Founder, Jeanne Hanna is Research Director, and Karl Sandstrom is Strategic Advisor at the Center for Political Accountability. This post is based on their CPA memorandum.
Over the past year, several corporate executives have expressed a concern to the Center for Political Accountability that new members of corporate boards often lack a broad knowledge of corporate political spending and what it entails. They saw this as impairing new directors’ ability to set political spending policies and conduct the due diligence required to protect their company, especially in today’s risk fraught political environment.
They asked that CPA fill the gap. Our recently released Primer on Corporate Political Spending for Incoming Directors does so. As has been the case with the Center’s previous works — the Guide to Corporate Political Spending and the Guide to Becoming a Model Code Company, the Primer reflects the input of corporate executives and directors to ensure that it is a practical guide for discharging a director’s responsibility for overseeing the company’s political engagement.
