Corporate Political Spending (Shapiro and Dowson)

Corporate political spending: why the new critics are wrong by Robert J. Shapiro and Douglas Dowson published by Manhattan Institute (06/2012). “Since the Supreme Court’s 2010 Citizens United decision held that corporate political expenditures are free speech under the First Amendment, various groups and individuals have advocated imposing new limits on corporate political activity. These efforts include calls on shareholds to demand that corporations refrain from involvement in the political process. Such demands have been buttressed by an emergent academic literature which, in contrast to what had been an established perspective, has questioned whether corporate financial contributions and even lobbying are actually in the interest of corporate shareholders.”