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.
GMI Ratings seeks to analyze board quality based on publicly available information-principally proxy disclosures about directors’ qualifications, biographies, and their relationships to the company and each other. But, skeptics often note, board discussions happen behind closed doors-can proxies really provide a window into their dynamics?