How can U.S. public companies protect against the risks inherent in spending to influence elections when politics is hyperpartisan, citizens are polarized and a controversy can ignite a wildfire virally and potentially affect a company’s bottom line?
The Center for Political Accountability and The Wharton School’s Zicklin Center for Business Ethics Research have produced a new Model Code of Conduct for Corporate Political Spending to address these issues. Expanded and updated from a Model Code written by CPA in 2007, it provides a framework to guide not only companies’ political spending, but also their assessment of its impact and related ethical and societal considerations…