May 22, 2014
Public companies should have to disclose political contributions to share holders consistent with other standard disclosures. Why should this expenditure be hidden when it could easily, for large corporations, be substantial sums of money.
Hiding this expenditure from investors of public companies makes no sense. These are public companies. If boards and CEOs don't want to disclose these and other figures, that the companies private.
To not disclose these expenses allows the company to 'lie' to its investors as to the values and interests of the company, CEO and the board of directors.