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Recent annual reports, audited financial statements, and IRS Form 990s
Recent annual reports, audited financial statements, and IRS Form 990s
There is a vast empirical literature on the allocation of corporate PAC contributions in Congressional elections and the influence that these contributions have on the policy-making process. The attention given to PAC contributions is far in excess of their actual importance. Corporate PAC contributions account for about 10% of Congressional campaign spending and major corporations allocate far more money to lobbying or philanthropy than their affiliated PACs make in contributions.
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 ...
House and Senate candidates raise approximately $200 million in campaign contributions from political action committees each election cycle. The lion’s share of this money goes ...
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