ArticleCenter for Political Accountability

The New Rules of Political Spending Oversight

What It Is: A June 2026 Directors & Boards article documenting how corporate political spending oversight has shifted from a government-relations function to a board-level governance priority, citing the CPA-Zicklin Index's tracking of disclosure and accountability practices at major public companies. 

Why It Matters: Companies rated "trendsetters" for political spending disclosure and board oversight grew from 28 to 112 over the past decade — a 400% increase — reflecting a shift toward Accountability and Transparency achieved through "private ordering" (companies self-regulating) rather than government mandate. 

How to Use It: Use this to benchmark your company's political spending policy against the CPA-Zicklin Index and more recent Framework, and to make the case to your board that comprehensive oversight is now mainstream practice. 

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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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WebsiteCivic Alliance

Civic Alliance assembled a robust playbook for companies to more representatively support a strong democracy. The playbook includes concepts to support one’s business case, questions to ask oneself in building an action plan, and concrete steps to better engage employees, consumers, and other stakeholders.

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ArticleHarvard Business Review

Strine and Lund argue that political spending hurts shareholder interests because it increases risks, is not transparent, and correlates with lower financial performance. They make the case that companies should either end all spending, obtain shareholder consent, or limit expenditures to PACs (which are strictly voluntary and have mandated disclosure).

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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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