E76: Dorothy Lund on Corporate Political Spending: There’s “no sound business justification.”

How is corporate political spending bad for business and democracy? How should companies navigate political giving when shareholders have diverse political views? Building on this issue, how should communicators work with the legal and public affairs team?

In this episode, we are joined by Associate Professor at the University of Southern California (USC) Gould School of Law Dorothy Lund. She recently co-authored an article in Harvard Business Review titled “Corporate Political Spending is Bad Business” with Leo Strine, Jr., a lawyer and former Chief Justice of the Delaware Supreme Court. Dorothy and Leo argue that political spending is “time-wasting and costly” and that actually, such spending greatly intensifies corporate risk.

Tune in to hear Dorothy’s guidance on how businesses can involve their shareholders in political donations decisions and most importantly, how Mike could have become an accountant?