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Politics : The Trump Presidency
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To: zzpat who wrote (42211)10/28/2017 10:15:32 AM
From: TimF  Read Replies (1) of 356664
 
Citizens United wasn't a for profit corporation with investors. Its a political organization.

For profit corporations are owned by their investors, but most investors don't own a significant share, and don't normally get to vote or often even have real influence on the decision the company makes. If your a small investor and you don't like the decisions then maybe the investment isn't for you. If your a really big investor, owning a very significant portion of the company's stock, then you can have influence on what the company does.

Its impossible to get investors of a large broadly owned company to totally agree on any corporate decision. That doesn't matter, its senior managements job to make the decisions. The owners can vote out the board members or otherwise exert influence on those decisions if a big enough block decides to do so. You don't get veto power because you own a few shares. That doesn't change whether the decision is to build a new factory or to state a political position.

The issue of allowing speech and expression, is a free speech issue. The issue of who should make decisions for a corporation is a corporate governance issue. Once that second issue is settled then whoever makes the decision gets to decide on political issues as well.

For Citizens United the whole point of the corporation was to make political speeches, so you don't even have the normal corporate governance and investor relations issues, its just a pure free speech issue.
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