The Impact of Citizens United on Large Corporations and Their Employees

2018 ◽  
Vol 72 (2) ◽  
pp. 403-419 ◽  
Author(s):  
Wendy L. Hansen ◽  
Michael S. Rocca

The goal of this research is to determine whether the Supreme Court’s landmark 2010 Citizens United ruling changed the contribution strategies of employees of major corporations. Using an original dataset of campaign contributions by employees of Fortune 500 companies, we analyze the contribution strategies of these individuals in the 2008 and 2012 presidential election cycles. Overall, our results suggest three important conclusions. First, Citizens United did not alter Fortune 500 employees’ contribution patterns to traditional political committees. However, the emergence of Super political action committees (PAC) in 2012 may have pulled employees’ contributions from 527 groups, at least in the short term. Second, we find large differences in contributions across resources, and the differences become even more dramatic after Citizens United when CEOs contributed millions to Super PACs. Finally, Fortune 500 employee contributions to traditional political committees still outweigh Super PAC contributions in both numbers and amount. And, importantly, employees of the world’s largest corporations were not the driving force behind the increase in spending after Citizens United.

Author(s):  
Robert E. Mutch

Non-party organizations form political action committees (PACs) to make the campaign contributions the FECA bans them from making themselves. The FEC defines every PAC as belonging to one of two broad categories: connected and nonconnected. Nearly all connected PACs were formed by corporations, trade...


2017 ◽  
pp. 423-440
Author(s):  
In Lee

This paper introduces IoT categories used to build smart enterprises and discusses how Fortune 500 companies may use various IoT applications to innovate their business models. The authors' analysis reveals that there is a significant relationship between the type of IoT applications and the IoT adoption rate and there is also a significant relationship between the type of business model innovation and the IoT adoption rate. Finally, five implementation strategies for smart enterprise development are discussed.


2000 ◽  
Vol 18 (2) ◽  
pp. 83-100
Author(s):  
Gary A. Wagner ◽  
Russell S. Sobel

Abstract We provide new evidence regarding the role of interest groups in influencing the size and growth of government spending. Using data on the change in individual legislators’ total voted and sponsored spending from the status quo, we explore this relationship in a manner closer to the public choice tradition. Examining the impact diat interest groups have on individual legislators’ preferences for new spending, we find that interest groups within a legislator’s district exhibit more influence on the short-run growth of the budget than do Political Action Committees.


2018 ◽  
Vol 59 (7) ◽  
pp. 1483-1514 ◽  
Author(s):  
Meike Eilert ◽  
Stefanie Robinson

When companies engage in corporate philanthropy, they can donate to a number of causes supporting a variety of issues, thus establishing cause portfolios. This research examines how the focus of a cause portfolio affects company evaluations. Results from an experiment show that when a company donates a small amount of money, consumers have lower evaluations of a company when the cause portfolio is focused (i.e., supports one issue) versus diverse (i.e., supports many issues). This is because the focused (vs. diverse) portfolio is perceived to have a weaker impact to society. We provide additional evidence of this effect using a data set of Fortune 500 companies’ foundations, showing that cause portfolios are more likely to result in lower stakeholder evaluations when focused (vs. diverse). Again, we find that donation amount alleviates the difference between focused and diverse portfolios. The findings hold important implications for the company’s management of cause portfolios.


1998 ◽  
Vol 61 (3) ◽  
pp. 8-19 ◽  
Author(s):  
William H. Baker ◽  
Kristen DeTienne ◽  
Karl L. Smart

Scanning technology is now playing a major role in Human Resource Infor mation Systems (HRIS). As new applications are received, many organiza tions scan the résumés into their databases and subsequently search key words to achieve a match between applicants' qualifications and job requirements. But typographical embellishments on some résumés cause scanning difficul ties. This research article reports the impact of electronic résumé-management systems in Fortune 500 companies and examines the implications of this technology, providing guidelines for producing scanner-friendly résumés.


2019 ◽  
Vol 8 (3) ◽  
pp. 43
Author(s):  
Narendra Sharma ◽  
Ebere A Oriaku ◽  
Ngozi Oriaku

A preliminary study of the impact of tax cuts on job creation was done by studying a random sample of 12 largest corporations selected from the Fortune 500 companies. The Annual Reports of the 12 sample companies pre-tax cut and post-tax cut periods were downloaded, and figures tabulated for revenues, property, plant, and equipment (PPE) as well as employees reported by those companies for both the periods.  We found that the revenue increased by an average of 7.78 percent which showed signs of growth in those companies, but the investment in PPE by the companies during the same period increased at an average of only 0.32 percent, which indicated that the companies did not divert the resources they saved in taxes to add capacity. Therefore, the potential for jobs growth was nonexistent or minimal.  Another indicator showed the same outcome as the companies reported their workforce reduced since 2017 by an average of 0.54 percent.


1995 ◽  
Vol 16 ◽  
pp. 61-77
Author(s):  
James D. King ◽  
Helenan S. Robin

While the number o f state PACs and their campaign contributions have increased substantially over the past decade, much remains unknown regarding their organization and activities. From a survey o f PACs in three states we develop a portrait o f political action committees, which extends beyond contributions. State PACs form around both economic and ideological issues; have very modest organizational structures; solicit funds primarily by direct mail and personal contacts; typically delegate responsibility for making campaign contributions to committees, which adopt accommodationist strategies; and have extended their activities to include voter education and mobilization. A number o f differences among the various types o f PACs are also evident.


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