VideoCorporate Political Responsibility Taskforce

Could a Voluntary System Really Make a Difference?

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On March 3, 2023, we spoke with Christine Mahoney of the University of Virginia to explore “Better Disclosure: Could a Voluntary Lobby Disclosure Platform Improve CPR While Lowering Reporting Requirements?”

Despite the enormous burden of current reporting requirements on lobbying activity, there is surprisingly little useful information to enable problem-solving or accountability. Meanwhile, companies now face pressure to report in more depth on the issues they advocate for and their positions on key issues. Lawmakers and their staffs struggle to make sense of the policy landscape and cumbersome comment processes, while constituents are demanding more accountability from their elected representatives, amid an environment of declining trust.

In this module, we explore:

  • Can a voluntary, public system really make a difference? How would it work today and how it would work?
  • What options have you considered for hosting this system, and what are the pros and cons?

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 #CPR_Responsibility #CivicInstitutions #Democracy #CPR_Accountability

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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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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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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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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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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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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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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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