Journal of Business Ethics 118 (2):429-445 (2013)

Authors
Cynthia Townley
Macquarie University
Abstract
This paper applies a utilitarian analysis to corporate political donations. Unlike the more common rights-based analyses, it is argued that the optimal policy is the one that best satisfies society’s rational preferences concerning donor influence, adequate financing, donor pressure and the cost of maintaining and enforcing the democratic system. This analysis suggests that a ban is best if it would be generally observed and sufficient financing from other sources is available, otherwise a donation cap is a better option. Further, lobbyists should be banned from donating small gifts and drafting bills for candidates. The impact of disclosure and other risk management mechanisms are also considered
Keywords Utilitarianism  Goodin  Corporate political donations  Political finance  Lobbying
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DOI 10.1007/s10551-012-1592-z
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References found in this work BETA

Utilitarianism as a Public Philosophy.Robert E. Goodin - 1995 - Cambridge University Press.
All Gifts Large and Small.Dana Katz, Arthur L. Caplan & Jon F. Merz - 2003 - American Journal of Bioethics 3 (3):39-46.
Do CEOs Get Paid Too Much?Jeffrey Moriarty - 2005 - Business Ethics Quarterly 15 (2):257-281.

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Citations of this work BETA

Corporate Political Speech and Moral Obligation.Mary Lyn Stoll - 2015 - Journal of Business Ethics 132 (3):553-563.

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