NEW YORK, Dec. 4, 2015 /PRNewswire/ -- The Conference Board Governance Center's Committee on Corporate Political Spending is today releasing a comprehensive new report featuring suggested policies and practices for companies engaging in political activity. Corporate Political Spending (Second Edition): Policies, Practices, Accountability, and Disclosure is available free to the public and is intended to advance discussion of transparency in political spending.
"The report has been fully updated to account for the latest legal and market conditions," said Judy McLevey, Assistant Director of The Conference Board Governance Center. "Drawing on Committee members' extensive and diverse expertise, it offers a practical—and ethical—guide both for companies newly considering political involvement and those with decades of political relationships on all levels."
The report will be launched at a symposium in Washington, D.C. today. It includes a discussion of Crony Capitalism: Unhealthy Relations Between Business and Government, a recently published study by the Committee for Economic Development that examines the growing public perception of corruption in America through three separate trends: a rise in the size and scope of government, increased campaign costs, and the growing power of lobbying.
The Committee on Corporate Political Spending is sponsored by The Conference Board Governance Center®, whose mission is to work in the public interest to provide organizations with knowledge and thought leadership on key issues of corporate governance. For more information, please visit: http://www.conferenceboard.org/politicalspending.
About The Conference Board
The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States.
About the Committee for Economic Development
Founded in 1942, the Committee for Economic Development of The Conference Board (CED) is a nonprofit, nonpartisan, business-led public policy organization that delivers well-researched analysis and reasoned solutions to our nation's most critical issues. CED's work is grounded on seven core principles: sustainable capitalism, long-term economic growth, efficient fiscal and regulatory policy, competitive and open markets, a globally competitive workforce, equal economic opportunity, and nonpartisanship in the nation's interest. CED's research falls under four issue areas: fiscal health, education, global competitiveness, and democratic institutions. www.ced.org
SOURCE The Conference Board