Corporate Governance Press Release/In the News/Blog

Blatant Partisanship and Outright Misinformation: Public Citizen’s Press Conference

Yesterday’s Public Citizen event calling for the Securities and Exchange Commission (SEC) to promulgate a rule forcing corporations to disclose their political spending was a disappointing mixture of blatant partisanship and outright misinformation. Headlined by Senators Elizabeth Warren (D-Mass.) and Bob Menendez (D-N.J.) – for the first twenty minutes or so – Public Citizen’s panel […]

Filed Under: Blog, Communications, Corporate Governance Press Release/In the News/Blog, Disclosure, Disclosure Press Release/In the News/Blog, campaign finance, campaign finance reform, corporate contributions, corporate disclosure, corporate governance, corporate speech, First Amendment, IRS and the Tea Party, money in politics, proxy, public citizen

Failure to Learn from Scandal

Activists continue pushing for non-expert agencies to regulate speech For Release: October 30, 2013   Contact: Joe Trotter   Phone: 210-352-0055 (Cell) The Center for Competitive Politics President David Keating released a statement on this afternoon’s Public Citizen press briefing: “The effort to make the IRS into a campaign finance law enforcement agency created one of the worst scandals in […]

Filed Under: Blog, Communications, Corporate Governance, Corporate Governance Press Release/In the News/Blog, Newsroom, Press Releases

Analysis of Recent Claims by Anti-Corporate Speech Activists

This afternoon Public Citizen will hold a press briefing on the recent push by pro-regulation activists to force the Securities and Exchange Commission into regulating corporate political speech disclosure.  Here is an analysis of some of their recent claims: Sens. Menendez and Warren are misleading the public when they cite over 600,000 submitted comment letters […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog

“Using ‘Disclosure’ to Silence Corporate America”

Jonathan Macey had an interesting article in yesterday’s Wall Street Journal, “Using ‘Disclosure’ to Silence Corporate America,” discussing the CPA-Zicklin Index and corporate disclosure: The index is divided into three broad categories: disclosure, policy and oversight. In 2011, the disclosure component made up one third of a company’s overall score. This year more than half of each […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog

ICYMI: 5 Facts The Center For Political Accountability Does Not Want You To Know

As the Center for Political Accountability releases another flawed and partisan grading scheme on companies disclosure practices, it is important to recognize the FACTS from investors, boards and management, and the shoddy practices behind tabulating the index and proxy results.  Here’s a look at the latest on ProxyFacts.org, a site examining and debunking common myths spread […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog, Disclosure, Disclosure Press Release/In the News/Blog

New CPA-Zicklin Index Flawed

“Like asking a wolf to describe ‘best practices’ for sheep.” ProxyFacts.org releases new videos. For Release: September 25, 2013   Contact: Joe Trotter   Phone: 210-352-0055 (Cell) The Center for Competitive Politics (CCP) today criticized the newly released 2013 Center for Political Accountability (CPA-Zicklin) index as a “flawed and partisan measure of corporate accountability.” CCP simultaneously released a […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog, Disclosure, Disclosure Press Release/In the News/Blog, Press Releases

Committee for Economic Development Touts Junk Survey of “Executives”

The Committee for Economic Development is holding a big event (free lunch with registration!) at the National Press Club today to unveil the results of a four-day, opt-in, non-sampled, online poll of 302 people about campaign finance. All 302 people work for companies with greater than five employees, and all of them hold titles ranging […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog, Committee for Economic Development

Shareholders continue voting against disclosure

Since our last update, shareholder proposals to increase disclosure and ban political expenditures in public companies have continued the trend of not coming anywhere close to passing.  The list of companies whose shareholders have voted down the proposals now include (as reported by ProxyMonitor.org): Goldman Sachs (Disclosure 0%) Amazon (Disclosure 0%) The Travelers Companies (Disclosure […]

Filed Under: Blog, Corporate Governance, Corporate Governance Press Release/In the News/Blog

In the News: Harvard Law School: The Non-Expert Agency: Using the SEC to Regulate Partisan Politics

Harvard Law School Forum on Corporate Governance and Financial Regulation: The Non-Expert Agency: Using the SEC to Regulate Partisan Politics By Bradley A. Smith and Allen Dickerson The regulation of political speech, including the regulation of contributions and spending, is one of the most constitutionally delicate operations in which the government can engage. As the […]

Filed Under: Corporate Governance, Corporate Governance Press Release/In the News/Blog, Federal, Federal In the News, In the News, Published Articles, IRS and the Tea Party

In the News: Wall Street Journal: In Wake of IRS Scandal, a Push to Nix Disclosure of Corporate Political Cash

By ANDREW ACKERMAN And SCOTT PATTERSON   WASHINGTON—Republican lawmakers sought to leverage the Internal Revenue Service’s targeting of conservative groups to thwart a controversial regulatory effort that could require publicly traded companies to disclose political contributions.   At a House Financial Services Committee hearing Thursday, Republican lawmakers pushed Securities and Exchange Commission Chairman Mary Jo […]

Filed Under: Corporate Governance, Corporate Governance Press Release/In the News/Blog, Federal, Federal In the News, In the News, IRS and the Tea Party, IRS and the Tea Party