Even without the presence of regulatory obligations, more than half of the S&P 100 now voluntarily disclose their political spending habits, according to the recently released CPA-Zicklin Index of Corporate Political Disclosure and Accountability. If institutional shareholder groups get their way, that number could increase dramatically.
The index is part of a report produced by the Center for Political Accountability (CPA) and Wharton’s Zicklin Center for Business Ethics Research at the University of Pennsylvania, and also finds that more companies are placing restrictions on their political spending.
