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Political spending still shrouded

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When the U.S. Supreme Court decided in Citizens United that companies should be as free as individuals to exercise political speech through campaign contributions, the justices gave weight to the idea that “corporate democracy” would let shareholders keep tabs on how company money was being spent. Problem is, no mechanism exists to guarantee uniform disclosure of political expenditures by corporations. That’s why New York Comptroller Thomas DiNapoli, the Council of Institutional Investors and others have ...


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