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His single bravest act was Regulation FD, which required corporations to release significant information about themselves to everyone at once rather than through the Wall Street analysts.
Kennedy's opinion did uphold federal rules that required corporations and others to disclose how much they had contributed to political campaigns.
This is reflected in the CEO-to-worker pay ratios that federal legislation required corporations to disclose beginning this year.
The agency also required corporations to disclose the findings of those audits to consumers in simple language that explains whether their products are "DRC conflict free".
Among them were a bill that would have required corporations to disclose their political spending, a measure to end the Bush tax cut for the rich and repeal of special tax deals and subsidies for oil companies.
The act would have required corporations, unions and other entities giving more than $600 to a candidate, to openly state that they're funding ads (not necessarily fact-based) for their candidate or against the opponent.
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The resolution, which has been brought before corporate boards since 2002, requires corporations to disclose publicly when corporate funds are used for political purposes, whether on the state or federal level.
To the Editor: The most common, time-tested and effective method to manage corporate risk is to require corporations to carry comprehensive insurance policies.
In addition to asking for a constitutional amendment, the Arkansas initiative would require corporations to abide by the state's corporate spending ban -- which was gutted by the Citizens United decision -- in order to obtain limited liability protection.
Although slightly under the radar, in 2010, the Securities and Exchange Commission is set to unveil new rules that will recalibrate the balance of power between corporate management and shareholders by, hopefully, requiring corporations to adopt "proxy access" rules.
The Treasury Department and the I.R.S. issued notices yesterday requiring corporations that use either transaction to disclose it, a requirement that should reduce the burden on the shrunken I.R.S. auditing staff.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com