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2008 Nationwide Survey Members of Boards of Directors Attitudes & Awareness:

2008 Nationwide Survey Members of Boards of Directors Attitudes & Awareness: Campaign Finance Laws, Corporate Oversight of Political Spending and Activity & Proposed Reform. Research Objectives. To document, measure and better understand; Level of political activity of board members

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2008 Nationwide Survey Members of Boards of Directors Attitudes & Awareness:

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  1. 2008 Nationwide Survey Members of Boards of Directors Attitudes & Awareness: Campaign Finance Laws, Corporate Oversight of Political Spending and Activity & Proposed Reform

  2. Research Objectives To document, measure and better understand; • Level of political activity of board members • The perceived importance and impact of corporate political activity • Level of familiarity and knowledge of campaign finance laws as they relate to corporations. • Internal reporting & processes related to corporate political activity • Perceived level of risk associated with corporate political activity • Degree of support for specific reform proposals regarding disclosure and board oversight of corporate political activity Mason-Dixon Polling & Research

  3. Methodology • A total of 255 members of boards of directors of Russell 2000 companies were interviewed by telephone. • Interviews were conducted between February 4 – 15, 2008. • Margin of error is 6%. • 57% were internal/management board members, 43% independent/outside. • Employed several batteries of ‘Likert Scale’ questions to measure both attitude and intensity. Mason-Dixon Polling & Research

  4. Findings Mason-Dixon Polling & Research

  5. Level of Political Activity of Boards of Directors Mason-Dixon Polling & Research

  6. Fundraising Advocacy Changes in level of involvement Political Activity by Boards of Directors Mason-Dixon Polling & Research

  7. (not so much) Pressure to Contribute? Mason-Dixon Polling & Research

  8. Importance & Impact of Corporate Political Advocacy & Fundraising Mason-Dixon Polling & Research

  9. The Imperative of Corporate Political Activity (?) Mason-Dixon Polling & Research

  10. Impact of Political Advocacy & Spending by Companies Mason-Dixon Polling & Research

  11. Familiarity & Tested Knowledge ofCampaign Finance Law Relating to Corporations Mason-Dixon Polling & Research

  12. Familiarity with Campaign Finance Laws & Own Company Political Activities Mason-Dixon Polling & Research

  13. PERCENTAGE NOT KNOWING CURRENT LAWS CORP. REQUIRED TO DISCLOSE ALL POLITICAL SPENDING TRADE ASSOC. REQUIRED TO DISCLOSE MEMBERSHIP AND CANDIDATES & ORG. THAT BENEFIT FROM POLITICAL EXPENDITURES 501c4s REQUIRED TO DISCLOSE MEMBERSHIP AND CANDIDATES & ORG. THAT BENEFIT FROM POLITICAL EXPENDITURES BOARDS REQUIRED TO APPROVE & OVERSEE POLITICAL EXPENDITURES Knowledge of Current Campaign Finance Laws Relating to Corporations & Trade Associations Mason-Dixon Polling & Research

  14. Confidence with their own company’s policies and oversight Code of conduct or other policies to govern political activity Company provides directors with reports on political spending Current Internal Reporting & Processes Related to Corporate Political Activity Mason-Dixon Polling & Research

  15. Legal risk & risk to reputation Necessity of reform Impact of recent corporate scandals Attitudes about Corporate Political Activity & Risk Mason-Dixon Polling & Research

  16. Support for Specific Reform Proposals Disclosure of Contributions Mason-Dixon Polling & Research

  17. Support for Specific Reform Proposals Oversight & Process Mason-Dixon Polling & Research

  18. (again, not so much) The Burden & Cost of Reform Mason-Dixon Polling & Research

  19. 2008 Nationwide Survey Members of Boards of Directors Attitudes & Awareness: Campaign Finance Laws, Corporate Oversight of Political Spending and Activity & Proposed Reform

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