Investors have pushed more than 120 public companies in the U.S. to reveal previously confidential details of their political spending even as regulators remain deadlocked over whether to mandate such disclosures.
Thirty-one companies — up from 28 last year — will hold shareholder votes in 2013 on resolutions calling for disclosure of how much they spend to influence politics, according to the Washington-based Center for Political Accountability, which helps write the resolutions. The first of those votes, at Humana Inc.'s annual meeting, is scheduled for today.
Another 16 companies, including Boeing Co., KeyCorp, Qualcomm Inc., and Southwest Airlines Co., have agreed to provide investors with data on their political spending this year in an effort to avoid shareholder votes mandating the disclosures.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.