“Study: Major companies are increasingly disclosing their political spending”

WaPo:

Major corporations are increasingly disclosing their political spending this election year, even as some business groups discourage them from doing so, according to a new study set for release Wednesday.

The annual index of corporate political spending by the Center for Political Accountability shows that a majority of nearly 200 publicly held companies received higher ratings for disclosure this year compared with 2013.

“More leading companies are establishing political disclosure as a mainstream corporate practice,” said Bruce Freed, president of the group, which conducts the annual survey in conjunction with the Zicklin Center for Business Ethics Research at the University of Pennsylvania.

CPI:

Watch your Netflix show, wear your Ralph Lauren shirt, brew your Keurig coffee and deposit your paycheck at M&T Bank.

Just know that you’re patronizing some of the nation’s least politically transparent companies, according to a new study to be formally released this morning by the nonpartisan Center for Political Accountability and the Zicklin Center for Business Ethics Research at the University of Pennsylvania’s Wharton School.

Twenty of the nearly 300 companies studied didn’t score a single point on the survey’s 70-point scale measuring political disclosure and accountability policies, including Netflix Inc., which produces political thriller “House of Cards,” and K-Cupmaker Keurig Green Mountain Coffee, which says it uses the “power of business to make the world a better place.”

 

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