U.S. PIRG’s Lisa Gilbert discusses shareholder protection in this Wonk Room post. Shareholder approval is a reform angle which could begin to dig us out of Alice’s rabbit hole and protect our democracy. Justice Kennedy himself wrote, “shareholder objections raised through the procedures of corporate democracy, can be more effective today because modern technology makes […]
Month: April 2010
Daimler AG resolves Foreign Corrupt Practices Act case
The Department of Justice announced that Daimler AG resolved Foreign Corrupt Practices Act charges in this press release. According to court documents, Daimler AG and its subsidiaries made hundreds of improper payments worth tens of millions of dollars to foreign officials in at least 22 countries – including China, Croatia, Egypt, Greece, Hungary, Indonesia, Iraq, […]
What’s the impact of corporate spending in states with no restrictions?
The Chicago Tribune’s Steve Chapman discusses a study involving corporate spending in elections here. In the end, of course, buying campaign ads to help or hurt a candidate only works if the ads convince the people they reach. As [Professor John] Coleman notes: “Voters, ultimately, are not fools and can make up their own minds.” […]