In short, while there is no evidence that corporate political speech hurts shareholders, there is ample evidence that certain individuals and groups are opposed to corporate political involvement for ideological and partisan reasons. Politics is supposed to be hard. With a handful of exceptions, there is no unanimity on economic and social topics. In a democracy, we deal with these disagreements through persuasion: we choose our leaders and enact our ballot measures only after a period of free debate and discussion, only after a campaign.But some people want to take a shortcut. They've realized it's easier to persuade voters if you drive your opponent from the public square.
CCP Disputes Economic Risks of Engaging in Political Speech
