Editorial
According to an analysis by the Center for Competitive Politics, in 2014 35.8% of companies whose disclosure scores were in the top quarter of the 2013 Wharton-Zicklin index received proxies, compared to 22.6% of companies whose disclosure scores were ranked in the lowest quarter. The same pattern held in the previous year.
Companies in Wharton-Zicklin’s highest category for disclosure practices also got hit with additional demands, including more proposals focused on lobbying and trade association disclosures.
According to the CCP analysis, 16.9% of the companies in 2013’s top echelon also got above-and-beyond the normal political disclosure demands, such as proposals to end all political spending, compared to 1.8% of companies that disclosed less.