News release: “Faulting S&P 100 companies for weak regulation of their political spending, a Center for Political Accountability report urges the adoption of a strong model code of conduct to protect companies and their shareholders. The report, entitled Open Windows: How Company Codes of Conduct Regulate Political Spending and a Model Code to Protect Company Interests and Shareholder Value, found that the codes of conduct of most S&P 100 companies handled political spending in “a weak and cursory manner.” According to the study, none of the companies surveyed included comprehensive policies in their codes to ensure broad political transparency and accountability and ethical political behavior. Based on a CPA survey of company codes conducted between June 2006 and January 2007, the report includes an 11-point model code to provide guidance to companies.”