by Gary Larkin
The issue of corporate political spending has gotten a
lot of attention as American companies have become concerned about the
direction of the country as another presidential political cycle is about to start.
By now, nearly everyone has heard about Starbucks CEO Howard Schultz campaign (complete with full page ads in the
New York Times and USA Today) to withhold campaign contributions to candidates
until the President and Congress figure out a way to put people back to work
and come up with a fair plan to reduce the national deficit.
Schultz' campaign, which is part of a couple of
social media-based efforts aimed at recruiting businesses to break through
Washington, D.C., logjam, came at a time when his company has been bullish on
the economy. But it also came a time when Congress and the President were at
loggerheads about raising the federal debt ceiling and the country faced the
prospect of not being to pay some of its basic bills.
Read the rest of this article on the Governance Center Blog
For more information about LexisNexis
products and solutions connect with us through our corporate site.