Guide to Becoming a Model Code Company - Understanding the Model Code and how it

MC Guide Guide to Becoming a Model Code Company Understanding the Model Code and how it helps companies manage political spending in a high risk environment Prepared by The Center for Political Accountability in collaboration with senior executives at companies that are CPA-Zicklin Index Trendsetters What is the Model Code? The CPA-Zicklin Model Code of The genesis of the Model Code was a Conduct. [...] What is the purpose of this Guide? The purpose of the Guide is to help companies understand the Model Code’s provisions, make them a key part of how they engage in and manage election- related spending, and understand the ways in which they can commit publicly to these goals. [...] In addition, the Erb Institute at the University of Michigan will be recognizing companies that adopt the Model Code in conjunction with the Erb Principles for Corporate Political Responsibility.2 How do we receive recognition as a Model Code company? The two paths to receive recognition as a Model Code company: A statement that the company has adopted the Model Code through board action. [...] The scrutiny that a company’s election-related spending is receiving, how the spending aligns with a company’s values, and how it affects the wider society and other stakeholders require the board and senior management to pay close attention to where the company’s money goes and its wider consequences. [...] The board of directors or an independent committee of the board shall receive regular reports, establish and supervise policies and procedures, and assess the risks and impacts related to the company’s political spending.