Democracy Reform in 2021
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1 Corporate Political Connectedness and Accounting Quality
Corporate Political Connectedness and Accounting Quality: A Quasi-Natural Experiment Albert Kwame Mensah College of Business City University of Hong Kong 83 Tat Chee Avenue Kowloon Tong Hong Kong SAR [email protected] (+852) 3442-2255 /53162520 First draft: October 2018 This draft: January 2019 ABSTRACT: A number of townships, cities, counties, and states across the U.S. have recently passed measures, resolutions, ordinances, and laws modeled on the American Anti-Corruption Act, which aims to: (1) “make it illegal to purchase political influence,” and (2) “end secret money.” I exploit these staggered events—occurring between 2014 (the first year of adoption) and 2017—as exogenous negative shocks to both legal and illegal affiliations with politicians, and provide new causal evidence on the effect of political connection on financial reporting, as a key corporate decision area. Using a difference-in-differences estimation for the 2010-2018 quarterly reporting period, I find that, relative to firms in non-adopting locations, firms headquartered in adopting locations have significantly higher accounting quality (as proxied by several non-directional measures of accruals). I then focus on target beating (as a specific type of managerial incentive), where I find that, relative to control firms, treated firms are also less likely to: (1) use income-increasing accruals to meet/beat analyst earnings forecasts, and (2) meet/beat analyst earnings targets by up to one cent. Finally, I show that the stock market responds favorably to this ex-post enhancement in the quality of earnings, which also culminates in stock prices better capturing information about future earnings and cash flows. -
NO. 133 MM 2020 in the Supreme Court of Pennsylvania
133 MM 2020 No. 133 MM 2020 In the Supreme Court of Pennsylvania __________ PENNSYLVANIA DEMOCRATIC PARTY, ET AL. Petitioners, v. KATHY BOOCKVAR, IN HER CAPACITY AS SECRETARY OF THE COMMONWEALTH OF PENNSYLVANIA, ET AL., Respondents. __________ BRIEF FOR COMMON CAUSE PENNSYLVANIA; LEAGUE OF WOMEN VOTERS OF PENNSYLVANIA; THE BLACK POLITICAL EMPOWERMENT PROJECT; MAKE THE ROAD PENNSYLVANIA, A PROJECT OF MAKE THE ROAD STATES; PATRICIA M. DEMARCO; DANIELLE GRAHAM-ROBINSON, AND KATHLEEN WISE AS AMICI CURIAE ReceivedFiled 9/8/2020 4:27:524:27:00 PM Supreme Court Middle District TABLE OF CONTENTS INTEREST OF THE AMICI CURIAE ..................................................................... 1 SUMMARY OF ARGUMENT ................................................................................. 3 ARGUMENT ............................................................................................................. 6 I. COVID-19 HEALTH AND MORTALITY RISKS HAVE CREATED A SIGNIFICANT PUBLIC INTEREST IN SAFE AND SECURE ALTERNATIVES TO IN-PERSON VOTING............................................... 7 A. Pennsylvania Voters Are Legitimately Concerned About the Health Risks of In-Person Voting During the COVID-19 Pandemic ............................................................................................... 7 B. Mail-In Ballots and Drop-Boxes Are Secure and Reliable ................. 11 C. The Disruption of Mail Service May Disenfranchise Voters ............. 17 II. THE PENNSYLVANIA ELECTION CODE AND PENNSYLVANIA CONSTITUTION PERMIT THE USE -
Examining Trends in Legislative Repeal of State Ballot Initiatives
University of Mary Washington Eagle Scholar Student Research Submissions Spring 4-17-2019 The 'Will of the Voters': Examining Trends in Legislative Repeal of State Ballot Initiatives John Cronin Follow this and additional works at: https://scholar.umw.edu/student_research Recommended Citation Cronin, John, "The 'Will of the Voters': Examining Trends in Legislative Repeal of State Ballot Initiatives" (2019). Student Research Submissions. 290. https://scholar.umw.edu/student_research/290 This Honors Project is brought to you for free and open access by Eagle Scholar. It has been accepted for inclusion in Student Research Submissions by an authorized administrator of Eagle Scholar. For more information, please contact [email protected]. The “Will of the Voters”: Examining Trends in Legislative Repeal of State Ballot Initiatives By John W. Cronin, Advised by Dr. Stephen J. Farnsworth Political Science Major University of Mary Washington Abstract: Direct democracy plays a significant role in 24 states across the country. The process of allowing the public to gather signatures, place an issue on the ballot, and then approve it represents the purest form of democracy and provides the ultimate check on unresponsive legislatures. However, in some cases ballot initiatives are repealed by state legislatures after being approved by voters. This research paper asks the following question: are there identifiable trends to the legislative repealing of direct ballot initiatives after they have been approved by the majority of the voting public? After considering past arguments and history surrounding initiatives, this paper observes five case studies that state legislatures tried to repeal. It finds that the legislature tends to using outside entities to justify repeal (blaming out-of-state groups and utilizing the judiciary), and that if repeal is taken up, total repeal bills are generally introduced first. -
Election-2020-Unit-3-Voter-Rights
CLASSROOM LAW PROJECT PRESENTS ELECTION 2020 WHY VOTING MATTERS UNIT 3 Voter Rights & Access CLASSROOM LAW PROJECT 620 SW Main, Ste. 102, Portland, OR 97205 www.classroomlaw.org CLASSROOM LAW PROJECT 620 SW Main, Ste. 102, Portland, OR 97205 www.classroomlaw.org UNIT 3 Voter Rights & Access Essential Questions: Lesson 3.1 – What is the history of Voting Rights in the U.S.? Lesson 3.2 – What is Gerrymandering and how does it affect voter rights? Lesson 3.3 – How has voter access been limited in recent years? Objectives: Students will be able to • Discuss what parts of the US Constitution deal with voter rights • Identify the major moments in the history of voting rights in America • Explain the current challenges to voting rights • Design a solution for fair voter access • Hold a simulated Congressional hearing on voter suppression Unit 3 Standards: OR 2018 Grade 8 Social Studies OR 2018 High School Social Standards Studies Standards 8.2 HS.1 Grades 11/12 CCSS Literacy in 8.5 HS.4 History & Social Studies 8.7 HS.10 11-12.RH.1 8.8 HS.11 11-12.RH.2 8.10 HS.13 11-12.RH.3 8.29 HS.54 11-12.RH.8 8.30 HS.61 11-12.RH.9 8.32 HS.67 11-12.WHST.1 8.33 HS.71 11-12.WHST.2 8.34 HS.73 11-12.WHST.9 8.35 HS.74 HS.76 Grade 8 CCSS Literacy in History/Social Studies Grades 9/10 CCSS Literacy in 6-8.RH.1 History & Social Studies 6-8.RH.2 9-10.RH.1 6-8.RH.3 9-10.RH.2 6-8.RH.5 9-10.RH.4 6-8.RH.8 9-10.RH.5 6-8.WHST.1 9-10.RH.8 6-8.WHST.2 9-10.RH.9 6-8.WHST.9 9-10.WHST.1 9-10.WHST.4 9-10.WHST.9 CLASSROOM LAW PROJECT 620 SW Main, Ste. -
Toward a More Perfect Union: Integrating Ranked Choice Voting with the National Popular Vote Interstate Compact
\\jciprod01\productn\H\HLP\15-1\HLP106.txt unknown Seq: 1 14-JUL-21 12:53 Toward a More Perfect Union: Integrating Ranked Choice Voting with the National Popular Vote Interstate Compact Rob Richie, Patrick Hynds, Stevie DeGroff, David O’Brien, and Jeremy Seitz-Brown* INTRODUCTION ................................................. 146 R I. THE CURRENT PRESIDENTIAL ELECTION PROCESS AND THE NATIONAL POPULAR VOTE INTERSTATE COMPACT (NPVIC) ....................................... 147 R II. RANKED CHOICE VOTING (RCV) IN THE UNITED STATES . 154 R A. Where RCV Is Used ..................................... 157 R III. THE VALUE OF PREPARING TO INTEGRATE RCV WITH THE NPVIC ................................................... 158 R A. The Logistics of National RCV Elections ................... 160 R B. Addressing Partisan Considerations of RCV and NPVIC Implementation ......................................... 161 R IV. FIRST OPTION: “THE RANKED CHOICE VOTING (RCV) IN PRESIDENTIAL ELECTIONS ACT” ........................... 162 R A. Congress’s Power to Create Uniform Ranked Choice Voting Ballots and Tabulation Rule ............................. 164 R B. Constitutional Backing for Congressional Control over Presidential Elections .................................... 167 R C. Congress Already Regulates Presidential Elections ........... 168 R D. Courts Back Congress’s Assertion of Control over Presidential Elections ............................................... 171 R V. SECOND OPTION: AN INTERSTATE RCV COMPACT ......... 177 R A. Tabulation ............................................ -
Download April 2019 Agenda Packet
Government Finance & Administration Policy Committee CSAC Legislative Conference Thursday, April 25, 2019 — 9:00 a.m. – 10:30 a.m. Hyatt Regency Hotel, Regency A Ballroom Sacramento County, California Supervisor Judy Morris, Trinity County, Chair Supervisor Chuck Washington, Riverside County, Vice Chair 9:00 a.m. I. Welcome and Introductions Supervisor Judy Morris, Trinity County, Chair Supervisor Chuck Washington, Riverside County, Vice Chair 9:05 a.m. II. Redistricting: Who Should Draw the Lines? And Where? Leticia Perez, Supervisor, Kern County Das Williams, Supervisor, Santa Barbara County Margarita Fernández, Chief of Public Affairs and Quality Assurance, California State Auditor’s Office Nicolas Heidorn, Policy & Legal Director, California Common Cause 9:40 a.m. III. The Once and Future Sales Tax: Its Importance to Counties and Possible Future Reforms Fiona Ma, California State Treasurer Deana Carrillo, Executive Director, CAEATFA Ronda Paschal, Deputy Legislative Secretary, Governor’s Office of Legislative Affairs Colin Grinnell, Staff Director, Senate Governance and Finance Committee Andy Nickerson, President / CEO, HdL Companies 10:25 a.m. IV. Legislative Update Geoff Neill, Legislative Representative, CSAC Josh Gauger, Legislative Representative, CSAC 10:30 a.m. V. Adjourn *All speakers invited. ATTACHMENTS Redistricting: Who Should Draw the Lines? And Where? Attachment One ........................... Redistricting Memo Attachment Two ........................... AB 849 Committee Analysis Attachment Three ........................ CSAC / RCRC / UCC Letter on AB 849 Attachment Four .......................... SB 139 Committee Analysis The Once and Future Sales Tax: Its Importance to Counties and Possible Future Reforms Attachment Five ........................... CSAC Letter Supporting AB 147 Attachment Six ............................ Extracts from LAO Report “Understanding California’s Sales Tax” – “From Collection to Distribution Chart”, “What Is Taxed” and “Are Revenues Growing” Attachment Seven ...................... -
United States Court of Appeals for the Sixth Circuit
Case: 19-2377 Document: 55 Filed: 02/10/2020 Page: 1 Nos. 19-2377 & 19-2420 In the United States Court of Appeals for the Sixth Circuit Anthony Daunt, et al., Michigan Republican party, et al., Plaintiffs-Appellants, Plaintiffs-Appellants, v. v. Jocelyn Benson, in her official Jocelyn Benson, in her official capacity as Michigan capacity as Michigan Secretary of State, et al., Secretary of State, et al., Defendants-Appellees. Defendants-Appellees. ______________________________ On consolidated appeals from final judgments of the United States District Court for the Western District of Michigan Case Nos. 1:19-cv-614 and 1:19-cv-669 ______________________________ BRIEF OF COMMON CAUSE, THE LEADERSHIP NOW PROJECT, ISSUE ONE, EQUAL CITIZENS FOUNDATION, THE CENTER FOR THE STUDY OF THE PRESIDENCY AND CONGRESS, AND REPRESENTUS AS AMICUS CURIAE IN SUPPORT OF DEFENDANTS-APPELLEES AND AFFIRMANCE ______________________________ KATHAY FENG MICHAEL B. KIMBERLY DAN VICUÑA PAUL W. HUGHES Common Cause ANDREW A. LYONS-BERG Los Angeles Office McDermott Will & Emery 453 S. Spring Street, Suite 401 500 North Capitol Street NW Los Angeles, CA 90013 Washington, DC 20001 (213) 623-1216 (202) 756-8901 [email protected] Counsel for Amici Curiae Case: 19-2377 Document: 55 Filed: 02/10/2020 Page: 2 TABLE OF CONTENTS Table of Authorities .................................................................................... i Corporate Disclosure Statement ................................................................ v Introduction & Interest of the Amici Curiae ............................................1 Argument .....................................................................................................6 I. Experience shows that, to be effective, redistricting reforms must strictly limit the role of political insiders ...................6 A. Limiting the role of political insiders has been increasingly at the heart of state-level redistricting reforms ..........................................................................................6 B.