Political Money: The Need for Director Oversight
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Authors:
Bruce F. Freed
Karl J. Sandstrom -
Publication Date:
April 2008 -
Report Number:
A-0263-08-EA
Until recently, companies' political expenditures were not fully disclosed and were rarely subject to oversight by boards. The lack of attention that these expenditures normally receive has exposed companies to serious legal and reputation risks and, at times, has turned out to be quite costly.