Costco would lobby for the candidate that would help their business the most, whether it is tax breaks, credits, deregulation of business, etc. In the 2008 presidential election, Costco CEO James Sinegal supported Barack Obama with campaign contributions, which seemed a surprise since most Fortune 500 companies support republican candidates (retailindustry.about.com). SEC regulations are a final political factor. Costco is a publicly traded company; hence, is subject to stricter rules…
Words 6619 - Pages 27