"The Court's decision makes an immense difference in the resources that corporate management will have at its disposal to engage in politics," Sandstrom testified. To protect the interests of shareholders, Sandstrom noted, the Supreme Court recognized the importance of disclosure and corporate governance. Transparency and accountability in political spending, he testified, protects shareholders' interests and safeguards companies from the legal and reputational risks that often accompany political spending.
Sandstrom noted that corporations may find themselves contributing to outside organizations without knowing how their contributions will be used politically. In his closing, he stated: "Undisclosed, unaccountable corporate political involvement is bad for shareholders and the economy. This Congress would do well by both if it takes up the challenge laid down by the Court and brings transparency and accountability to corporate political spending."