VideoCorporate Political Responsibility Taskforce

Corporate Political Influence Today

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On February 10, 2022, we spoke with Adam Winkler, UCLA law and Vikramaditya Khanna, Michigan Law to explore “CPR & The History of Corporate Political rights.”

When we talk about the rights and power of corporations to exert in politics, it can be tricky and complicated because allowing corporations to vote could be a double-edged sword. To influence government policies, corporations spend the most expenditures in regulation and enforcement. Sometimes corporations do realize the misalignment of their activities and try to do well, but corporations often face challenges. Thinking about how to pass the information to people who have incentives to change the misalignment would be the key.

In this module, we explore:

  • Why can’t corporations vote?
  • How legal changes and other trends have impacted corporate political influence in practice?

The Corporate Political Responsibility Taskforce (CPRT)’s Expert Dialogues are in-depth, recorded conversations with academic experts, stakeholder advocates and business practitioners to provide our members and other CPR champions with the expertise and context they need to develop principled, proactive CPR strategies. We invite those interested in a constructive, non-partisan, principles-based discussion.

KEYWORDS: #CorporatePoliticalResponsibility #ESG #CivicEngagement #Democracy

More Resources

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ReportAccountAbility, UN Global Compact

This guide provides a framework for companies and NGO's to use to determine whether their lobbying practices are responsible.

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BookBerrett Koehler

The book opens by establishing the minimum expectation that businesses support the right rules of the game—those rewarding long-term value creation rather than destruction—and shows how companies can live their values through cross-sector collaboration, eco-efficiency, and strategies advancing prosperity, planet, and people, supported by real-world cases.

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ArticleMIT Sloan

Presents a framework for when companies should present forceful or tempered political positions based on their publicly stated values and materiality.

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Website

The Long-Term Stock Exchange (LTSE) listing standards include expectations that companies will take responsibility for long-term decision-making across strategy, governance, executive compensation, stakeholder engagement, and investor relations. These standards are designed to help businesses build sustainable value over time for all stakeholders, rather than focusing on short-term gains, allowing investors to better assess long-term capital investments.

 

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