Navigating the Risks of Corporate Political Spending
A model code of conduct may help companies stay safe.
Today, companies face serious challenges navigating the heightened risks posed by political spending. Policies alone won't suffice. What companies need is a broad framework to guide them in deciding how to handle political spending and in evaluating and managing the accompanying risks of this spending.
Just look at the choices confronting companies. Should they donate to officeholders who refused to certify the 2020 presidential election? Should they restart political spending paused after the January 6 attack on the U.S. Capitol? Should they contribute to candidates whose positions on such heated issues as voting rights, democracy and climate change conflict with company values and policies? How can companies engage in political spending and protect themselves at the same time?
Print and share
Authors
Notice
Before proceeding, please note: If you are not a current client of Perkins Coie, please do not include any information in this e-mail that you or someone else considers to be of a confidential or secret nature. Perkins Coie has no duty to keep confidential any of the information you provide. Neither the transmission nor receipt of your information is considered a request for legal advice, securing or retaining a lawyer. An attorney-client relationship with Perkins Coie or any lawyer at Perkins Coie is not established until and unless Perkins Coie agrees to such a relationship as memorialized in a separate writing.