This information published by the International Institute for Democracy and Electoral Assistance (IDEA) International is by Yukihiko Hamada and Dr Dieter Zinnbauer. Here is an excerpt:
Businesses are the most influential, best-resourced actors when it comes to the flow of money in politics. More than 70 of the largest economic entities in the world are companies, not countries. Corporate political activities such as campaign donations and lobbying have a substantive, at times, defining impact on the integrity and perceived fairness of policymaking and policy outcomes. International IDEA’s latest paper “Corporate Political Responsibility: Mobilizing the Private Sector for Political Integrity”, authored by Dr Dieter Zinnbauer at the Copenhagen Business School, highlights the growing mechanisms for the companies to align their publicly advertised sustainability ambitions and their political activities. The analysis of corporate political responsibility (CPR) provides a number of opportunities for policymakers to strengthen anti-corruption efforts and political integrity. For example, it is particularly relevant when discussing campaign finance regulations as corporate donations to political parties are permitted in over 70 per cent of countries in the world.
Read the full article here.
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