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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRecord number of U.S. firms change tack on political spending after Jan. 6 attack
NEW YORK (Reuters) - The number of S&P 500 companies that have either stopped political giving or plan to disclose it hit a record in 2021 after the Jan. 6 attack on the U.S. Capitol and recent social justice protests, according to a study viewed by Reuters.
According to the study from the Center for Political Accountability, U.S. companies see new risks in political giving in light of the country's hyper-partisan environment, leading corporations to either halt contributions or disclose them. The center advocates for corporate transparency.
"Unrest and angry political conflict have defined the past two years," according to the study, which cited as examples the violent assault on the U.S. Capitol, the two-time impeachment of former President Donald Trump and attempts to overturn the 2020 election. "In these explosive times, companies are taking action.
"Theyve adopted political spending policies to avoid or mitigate heightened risk," according to the study.
https://www.msn.com/en-us/money/news/record-number-of-us-firms-change-tack-on-political-spending-after-jan-6-attack/ar-AARfP42
Bayard
(21,806 posts)Nothing to do with conscience.
CrispyQ
(36,231 posts)gratuitous
(82,849 posts)I thought businesses liked stability and law-n-order and stuff like that. Are businesses saying that they don't want to see laws enforced, or that they just don't want the law enforced against certain people? Maybe they could provide a list to the Great Unwashed so that we don't waste everyone's time by running down corruption and obstruction of justice activities?