Managing the Risks of Corporate Political Donations: A Utilitarian Perspective

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

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

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 89,330

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Corporate Moral Responsibility.Michael J. Phillips - 1995 - Business Ethics Quarterly 5 (3):555-576.
Corporate Political Strategizing.Arnold Wilts - 2006 - Proceedings of the International Association for Business and Society 17:232-236.

Analytics

Added to PP
2012-12-20

Downloads
26 (#516,371)

6 months
3 (#424,136)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Cynthia Townley
Macquarie University