For conflicting opinions, see EpsteinEdwin M., “The Business PAC Phenomenon: An Irony of Electoral Reform,”Regulation (May-June 1979), p. 39; and BuddeBernadette, “Business Political Action Committees,” in MalbinMichael J. (ed.), Parties, Interest Groups, and Campaign Finance Laws (Washington, D.C.: American Enterprise Institute, 1980).
2.
EpsteinEdwin M., “Business and Labor under the Federal Campaign Act of 1971,” in Malbin (ed.), op. cit., pp. 143, 144.
3.
Ibid., p. 146.
4.
Ibid., p. 117.
5.
Ibid., pp. 144–146.
6.
MacGregorClark, “Commentaries,” in Malbin, (ed.), op. cit., p. 207.
7.
Epstein, “Business and Labor,” p. 208.
8.
MacGregor, op. cit., p. 208.
9.
The authors wish to thank the Babson College Research Board whose financial support made this study possible.
10.
The response rates are based on data provided by sixty-nine of the sample PACs. Thirty-seven furnished data on average contributions.
11.
Federal Election Commission Determination and First General Counsel's Report to the Federal Election Commission on the Complaint of the International Association of Machinists, Et. Al., 13 December 1979, pp. 4–11.
12.
AndersonJohn, Hearings before the Committee on House Administration, House of Representatives, on HR1, 15 March 1979, p. 219.
