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

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VideoCorporate Political Responsibility Taskforce
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ArticleHarvard Business Review

This article explores the need for companies to think about political responsibility, not just social responsibility.

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ArticleNetwork for Business Sustainability

This article summarizes the rationale for corporate political responsibility and explains the four Erb Principles, which are an actionable, non-partisan template that companies can use to decide whether and how to engage in political influence.  

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportCarnegie Endowment for International Peace

This paper provides a deep and detailed examination of how economies and businesses fare under leaders who purport to be both pro-business and populist. With the increase in the number of populist leaders throughout the world, this question has become increasingly pressing. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ArticleBloomberg

In this article the authors highlight how the Erb Principles for Corporate Political Responsibility identify common ground between the debate about shareholder value versus stakeholder considerations, and offer a roadmap for more responsible participation by businesses in our political system. 

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ReportPrinciples for Responsible Investment

Provides investors with a structured approach to responsible investment, considering investment beliefs, stewardship, fiduciary duty, governance roles, and public disclosure.

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ReportAmerican Compass

A guide to how responsive politics, productive markets, and supportive communities are key to rebuilding American capitalism.

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VideoCorporate Political Responsibility Taskforce
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VideoCorporate Political Responsibility Taskforce
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ArticleCorporate Political Responsibility Site (published by Bohnen Public Affairs)

This piece proposes that trade associations are positioned to be powerful groundbreakers for business—helping shape rules that enable long-term value and healthy competition. But without clear standards, the authors argue, these same associations risk acting as bodyguards for narrow interests, distorting markets, block innovation and undermining trust in business and government. This piece proposes applying CPR principles—Legitimacy, Transparency, Accountability, and Responsibility—to guide more consistent, credible association advocacy aligned with shared business and societal goals, and the ultimate promise of free markets.

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