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dc.contributor.authorBebchuk, Lucian Arye
dc.contributor.authorJackson Jr., Robert
dc.date.accessioned2013-11-26T14:14:45Z
dc.date.issued2013
dc.identifier.citationLucian A. Bebchuk & Robert Jackson Jr, Shining Light on Corporate Political Spending, 101 Geo. L.J. 923 (2013).en_US
dc.identifier.issn0016-8092en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:11339383
dc.description.abstractThis Article puts forward the case for Securities and Exchange Commission (SEC) rules requiring public companies to disclose their political spending. We present empirical evidence indicating that a substantial amount of corporate spending on politics occurs under investors’ radar screens, and that share- holders have significant interest in receiving information about such spending. We argue that disclosure of corporate political spending is necessary to ensure that such spending is consistent with shareholder interests. We discuss the emergence of voluntary disclosure practices in this area and show why voluntary disclosure is not a substitute for SEC rules. We also provide a framework for the SEC’s design of these rules. Finally, we consider and respond to the wide range of objections that have been raised to disclosure rules of this kind. We conclude that the case for such rules is strong, and that the SEC should promptly develop disclosure rules in this area.en_US
dc.language.isoen_USen_US
dc.publisherGeorgetown University Law Centeren_US
dc.relation.isversionofhttp://georgetownlawjournal.org/files/2013/04/BebchukJackson.pdfen_US
dc.relation.hasversionhttp://papers.ssrn.com/sol3/papers.cfm?abstract_id=2142115en_US
dash.licenseMETA_ONLY
dc.titleShining Light on Corporate Political Spendingen_US
dc.typeJournal Articleen_US
dc.description.versionVersion of Recorden_US
dc.relation.journalGeorgetown Law Journalen_US
dash.depositing.authorBebchuk, Lucian Arye
dash.embargo.until10000-01-01
dash.authorsorderedfalse
dash.contributor.affiliatedBebchuk, Lucian


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