Corporate Governance: Civic Engagement by Businesses is Good for Democracy

January 1, 2018  •  By IFS Staff  •    •  

Corporations, like unions and other organizations, have a constitutional right to discuss politics. In fact, Americans expect companies to advocate for policies that protect their employees’ jobs, reduce costs to consumers, and spur technological innovation and growth. The courts have sanctioned the political speech rights of corporations on many occasions. Having lost the constitutional battle, those who oppose corporate speech…

Broadcast Localism and the Lessons of the Fairness Doctrine

May 27, 2009   •  By IFS staff   •  , , ,

The FirstAmendmentto the U.S.Constitution recognizes a laissez-faire policy toward speech and the press. The Framers of the Bill of Rights worried that the self-interest of politicians fostered suppression ...

Did Firms Profit from Soft Money?

March 15, 2004   •  By IFS staff   •  , ,

This paper uses event study methodology to measure whether firms that gave soft money to political parties received excessively high rates of returns from their ...

Corporate PAC Campaign Contributions in Perspective

April 10, 2000   •  By IFS staff   •  , ,

Campaign contributions from political action committees (PACs) are often portrayed in the media as the functional equivalent of bribes. In particular, corporate PAC contributions are ...

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