Abstract
Despite the controversy surrounding corporate political donations, many believe that the issues involved can be solved by implementing a relatively simple solution - appropriate disclosure. This study employs contemporary versions of utilitarian and liberal egalitarian moral frameworks to assess the moral status of corporate political donations and determine whether, morally speaking, disclosure makes a difference. The results of this study show that corporate donations have an unfavourable moral status, but surprisingly, not as unfavourable as many would imagine. Furthermore, whilst disclosure is indeed capable of improving moral status, an excessively demanding regime can be detrimental. This study specifies and recommends adopting a system of democratic risk management by strategically allocating public funding in a way that minimises the risk of donor influence and political inequality.
Original language | English |
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Title of host publication | Proceedings of the 6th Australasian conference for social and environmental accounting research |
Editors | James Guthrie, Geoffrey Frost, Matthew Egan, Sharron O'Neill, Abdul Razeed, Nonna Martinov-Bennie, Sandra van der Laan, Cornelia Beck, Jeffery Unerman, Amanda Ball, Markus Miln |
Number of pages | 50 |
Publication status | Published - 2007 |
Event | Australasian Conference on Social and Environmental Accounting Research (6th : 2007) - Sydney Duration: 2 Dec 2007 → 4 Dec 2007 |
Conference
Conference | Australasian Conference on Social and Environmental Accounting Research (6th : 2007) |
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City | Sydney |
Period | 2/12/07 → 4/12/07 |