FROM
Huffpost Politics
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This spring, shareholders in more than 100 companies will introduce resolutions calling for greater disclosure of corporations’ political and lobbying activity. Six major companies — Dean Foods, Eastman Chemical, H&R Block, Marathon Oil, U.S. Steel and Valero Energy — have already reached agreement with New York state Comptroller Thomas DiNapoli, who oversees the third largest pension fund in the nation, to adopt political spending disclosure policies in exchange for the comptroller’s office withdrawing its resolutions.
But don’t consider that a sign that corporate America is learning to live with transparency. Over the past two years, three of the usual suspects — the U.S. Chamber of Commerce, the Business Roundtable and the National Association of Manufacturers — have joined together to try to discredit the purpose of disclosure policies and the advocates calling for them.
Aided by the editorial page of The Wall Street Journal, the three big business groups have sought to undercut activist investors and pro-disclosure groups through public campaigns and private meetings with corporate executives.
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Click link below for story and slideshow:
http://www.huffingtonpost.com/2015/04/22/chamber-of-commerce-transparency_n_7111022.html
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James' World 2 