How Do Investors React to Covert Political Activity of Corporations?

Corporate political activity in the United States has been a growing and increasingly controversial phenomenon following the Supreme Court’s decision in the Citizen’s United case (2010). In Citizen’s United, the Supreme Court stated that because of freedom of speech considerations, the government cannot restrict political expenditures of corporations. Corporations may have many reasons to contribute … More How Do Investors React to Covert Political Activity of Corporations?