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Business for Democracy and ASBC Lead Effort to Overturn Citizens United v. FEC

The Business for Democracy Campaign, which the American Sustainable Business Council is spearheading in partnership with Free Speech for People is tackling the compelling issue of corporate contributions to political campaigns.

The U.S. Supreme Court’s Citizens United v. FEC decision on January 21, 2010 allows corporations to spend unlimited funds to support or oppose candidates for political office, overturning campaign finance laws in place for decades. The Business for Democracy campaign is an initiative of business leaders and their companies who believe this ruling is in direct conflict with American democratic principles and a serious threat to good government. The campaign supports the four members of the Supreme Court and the 80 percent of Americans who disagree with the decision (Washington Post poll, Feb. 17, 2010).

If you'd like your business to join this effort, you can sign the statement of support here or here.

EthicsWorld News, May 1, 2011

NEW ON ETHICSWORLD, May 1, 2011………follow Frank Vogl now on Facebook and post your views on the critical ethics issues that concern you most…

Please go to our Home page on a regular basis to find new stories and reports:

Please see these stories and their related links on the Home page of www.ethicsworld.org

1. UK House of Commons slams Rupert Murdoch’s business leadership – core ethical issues relate to allegations that News International failed to cooperate with the parliamentarty committee’s investigations into telephone hacking.

2. Wal-Mart’s Alleged Mexican Bribe Paying and Cover Up … The New York Times reported in-depth on alleged widespread bribery in Mexico by the company and efforts by its top global corporate leadership to stifle investigations. I got a call from a reporter in Arkansas who asked how companies could get around demands in many countries to pay bribes? Clearly, the reporter was subject to spin! I said that companies need to remain true to their values; they need to see their ethics codes as more than plain wallpaper – they need to live by what they say they believe in and work very hard to ensure they do not pay bribes. Companies that violate their ethics codes risk distruist across all of their diverse stakeholders.

3. World Bank updates its anti-corruption policies. The changes are modest…too modest I believe.

4. FIFA Can Global Soccer Authorities Come to Terms With Internal Integrity Challenges? FIFA Announces Key Reforms – Independent Panel Argues FIFA Does Not Go Far Enough. “We are disappointed. We had expected a more comprehensive introduction of new procedures. Too much is still unclear and key issues, such as investigations into the past allegations of corruption, have not been properly addressed. It has already been nearly 10 months since FIFA promised to clean house,” said Sylvia Schenk, senior advisor for sport at Transparency International.

CONGRATULATIONS:

Transparency International has a brand new global website – take a look at TI

Find out the very latest on plans for the November International Anti-Corruption Conference in Brazil at the IACC’s new website.

The Partnership for Transparency Fund does wonderful work, but it cannot meet the demand for its services from civil society organizations across the developing world. Please visit PTF and donate. www.PTFund.org

PTF needs your support.

Coming this September:

“Waging War on Corruption – Inside the movement fighting the abuse of power” by Frank Vogl

to be published by Rowman & Littlefield.

For links to the full stories please go to http://www.ethicsworld.org/

If you are an NGO and want us to post information on your meetings, awards and key open positions, then please do contact us at [email protected]

www.EthicsWorld.org provides a service to all organizations and individuals interested inbeing informed on news, developments and research in the related fields of business ethics, governance and anti-corruption. This forum is strengthened by your response in the form of comment, viewpoints, links to organizations and sources of new content. We welcome your feedback and we encourage you to tell your friends and associates about EthicsWorld.

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