Survey: Illegal Corporate Campaign Contributions Up 400%Quicklink submitted by Amanda Lang Permalink
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|In 2009, just 1 percent of respondents to National Business Ethics Survey -- a large industry study funded by major corporations like Walmart -- said they had witnessed illegal corporate political donations. This year, that number quadrupled to 4 percent. Management-level employees at large, publicly traded companies were most likely to see the illegal activity, with seven percent of senior managers saying they had witnessed it.
While it's unclear exactly what caused the spike, Roll Call reports it may have to do with increasingly lax campaign finance laws in the wake of the Citizens United Supreme Court decision:
"If these numbers are quadrupling, it is eye-popping," said Kenneth Gross, a lawyer with Skadden, Arps, Slate, Meagher & Flom's political law practice who advises corporate clients on government affairs compliance...
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