Abstract
Corporate political party funding has always been a controversial issue. Public mistrust of political funding is fuelled by the perception that corporations and individuals behind them use corporate funds to exert influence over political parties, while shareholders are concerned if funds are used in the best interest of their company. This paper provides a historical investigation of political donations made by large publicly listed firms in the UK since 1967 and examines determinants and consequences of shareholders votes on political donations between 2001 and 2022.