Disclosure

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Example in practice

 

Following a lobbyist scandal in the US, a total of 51 corporations — including America Express, Chevron, General Electric and Merck — agreed to adopt new rules that voluntary bind companies todisclose publicly any corporate funds that are used for political purposes, either at the state or federallevel.28

 

Relevant links

 

—— Bank of Canada: Disclosure of Wrongdoing.

http://www.bankofcanada.ca/en/about/pdf/wrongdoing.pdf

 

—— International Chamber of Commerce: Commission on Anti-Corruption. Combating Extortion and Bribery: ICC Rules of Conduct and Recommendations.

http://www.iccwbo.org/uploadedFiles/ICC/policy/anticorruption/Statements/ICC_Rules_of_Conduct_and_Recommendations%20_2005%20Revision.pdf.

 

—— International Finance Corporation: Disclosure Policy.

http://www.ifc.org/ifcext/disclosure.nsf/Content/Disclosure_Policy.

 

—— Shell: Financial Disclosure Policy.

http://www.shell.com/home/content/om—en/about_shell/our_performance/financial_disclosure/financial_disclosure_1512.html.

 

—— U4 Helpdesk Query: Corruption Political Party Financing and Electoral Campaigns.

http://www.u4.no/helpdesk/helpdesk/queries/query8.cfm.

 

—— World Bank: Disclosure Glossary.

http://web.worldbank.org/WBSITE/EXTERNAL/PROJECTS/INFORMATIONDISCLOSURE/0,,menuPK:199023~pagePK:213743~piPK:213746~theSitePK:222993,00.html.

 

27 Centre for Political Accountability. http://www.politicalaccountability.net/.

 

Deutsche Bank. Banking and Stock Glossary. http://www.db.com/lexikon/lexikon_de/content/index_e_1163.htm.

 

Finance Glossary. http://www.finance-glossary.com/define/disclosure/416/0/D

 

Treasury Board of Canada Secretariat – Backgrounder: Glossary – Proposed Public Servants Disclosure Protection Act.

http://www.tbs-sct.gc.ca/nou/20041008glossary-eng.asp.

 

28Leslie Wayne, “Corporations to Disclose Political Contributions”. Washington Post. 29 May 2008.

http://thecaucus.blogs.nytimes.com/2008/05/29/corporations-to-disclose-political-contributions/.