September 13, 2022—A new report being released this week bythe nonprofit Accountable.US will show that 60% of the top 100 U.S. corporations have received an “F” on voting rights and democracy according to CNBC. Sixteen percent got a “D” and 5% received a “C”.
An earlier analysis by the Center for Political Accountability on corporations, political spending and democracy concluded that leading companies are “contributing with their treasury funds to the undermining of American democracy.”
“Everyone looks at big corporations as the heartbeat of our economy,” said Frank Knapp Jr., Director of Business for Democracy, a campaign of the American Sustainable Business Network. “Well, that heartbeat is killing our democracy and when that happens our economy will collapse.”
A strong democracy is critical to a vibrant entrepreneurial economy,” said Knapp. “Small business owners understand this and strongly support protecting democracy and voting rights.”
Eight states have established Business for Democracy collaboratives to elevate the issue of protecting democracy and make it a concern to voters this November. Congressional candidates in NC, PA, OH, MI, WI, AZ, NV, and CA are being surveyed to determine their support for protecting democracy by obtaining their positions on three necessary Congressional reforms: Electoral Count Reform Act, Freedom to Vote Act, and John Lewis Voting Rights Advancement Act.