Monster Energy’s slogan may be “unleash the beast,” but its parent company appears to suffer from scaredy-cat syndrome when it comes to political transparency.
Corona, California-based Monster Beverage Corp. isn’t alone: about one-in-10 of the nation’s largest companies volunteer almost no information about their politicking, according to a new study on corporate political transparencyby the Center for Political Accountability, a nonpartisan transparency advocacy group, and the Zicklin Center for Business Ethics Research at the University of Pennsylvania’s Wharton School.
Well-known companies such as Advance Auto Parts Inc., Expedia Inc., M&T Bank Corp., Netflix Inc., Paychex Inc., Urban Outfitters Inc., United Rentals Inc. and Berkshire Hathaway, billionaire Warren Buffett’s holding company, also received zero points on the annual index’s 70-point scale that measures companies’ political disclosure practices and published accountability policies.
