2014 CPA-Zicklin Index of Corporate Political Disclosure and Accountability

Source: Center for Political Accountability (CPA), September 24, 2014

From the press release:
On their own initiative, dozens of leading American corporations are embracing disclosure of their spending to influence political elections. These companies are supporting disclosure even as several of the biggest trade associations oppose it, according to a nonpartisan index released today.

As the nation approaches mid-term elections that may be the most expensive in history, the Center for Political Accountability issued its fourth annual CPA-Zicklin Index of Corporate Political Disclosure and Accountability.

The Index shows that a majority of almost 200 publicly held companies that were examined in both 2013 and 2014 received higher overall scores for political disclosure and accountability this year. The average overall score for these 102 companies improved by an average of 12.5 points.

For the first time, the Index was expanded this year to look at the policies and practices of the top 300 companies in the S&P 500. In these top echelons of American business, the Index finds that 60 percent of companies are disclosing voluntarily at least some political spending made to candidates, parties, and political committees; and almost half have opened up about payments made to trade associations.

In addition, the Index reveals that voluntary disclosure is making inroads among public companies that have not been formally engaged by shareholders to disclose. Of the 139 companies with no history of shareholder resolution on the issue, 34 disclose full or partial information on their direct expenditures or say they do not make such expenditures. Some also disclose their payments to 501(c)(4) groups and trade associations.
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Fact Sheet Comparing Union and Corporate Political Disclosure Requirements