Proceedings of the International Association for Business and Society

Volume 26, 2015

Proceedings of the Twenty-Sixth Annual Meeting

John Holcomb, Katherine Wear
Pages 155-166

Corporate Political Activities
Evaluating the Criteria Applied by the Center for Political Accountability in Rating Corporate Policies

This paper examines and criticizes the criteria developed by the Center for Political Accountability (CPA) to rank the political responsibility of corporations and their response to the demands for greater disclosure of their political activities to investors. It first examines the underlying rationale for greater disclosure and offers five overall criticisms of CPA criteria, including especially five elements of corruption not included in the criteria. Based on an examination of the websites of the top 100 corporations in the CPA rankings, to ascertain the level of disclosure on those five elements of corruption, this paper then develops new scores and rankings for those corporations, which demonstrate significant changes in the original scores and rankings.