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Breaking the bank: Personal financial interests of Supreme Court justices and institutional legitimacy

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  • Thora Giallouri
  • Elli Menounou

Abstract

Objective We study the relationship between lack of recusals by Supreme Court justices in cases where they have a direct or indirect personal financial interest and diffuse support for the Court. Justices should recuse when they have a personal stake in a case; otherwise, decisions are perceived as biased and violating the rule of law. Despite popular interest in this behavior and significant consequences for societal acquiescence, there are no empirical studies assessing this relationship. Methods We construct a survey experiment with four conditions and a control. Each condition displays an article discussing the failure of different justices to recuse from a case involving a direct (stocks owned in the litigant party) or an indirect (stocks owned in the industry of the litigant party) personal financial interest. Results We find that not recusing from a case where direct personal financial interests exist negatively affects institutional legitimacy, but indirect conflicts of interest show no effect on diffuse support. Additionally, ideological congruence between the public and justice involved in the scenario not only does not mitigate negative effects but rather enhances harm toward diffuse support. Conclusion Non‐recusals in cases where a justice has a direct financial conflict of interest negatively affect Court legitimacy.

Suggested Citation

  • Thora Giallouri & Elli Menounou, 2024. "Breaking the bank: Personal financial interests of Supreme Court justices and institutional legitimacy," Social Science Quarterly, Southwestern Social Science Association, vol. 105(4), pages 1164-1179, July.
  • Handle: RePEc:bla:socsci:v:105:y:2024:i:4:p:1164-1179
    DOI: 10.1111/ssqu.13407
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    References listed on IDEAS

    as
    1. Brian J. Fogarty & S. Nasser Qadri & Patrick C. Wohlfarth, 2020. "Personalizing the U.S. Supreme Court Through Attention to Individual Justices," Social Science Quarterly, Southwestern Social Science Association, vol. 101(2), pages 825-841, March.
    2. Daniel Martin Katz & Michael J Bommarito II & Tyler Soellinger & James Ming Chen, 2015. "Law on the Market? Abnormal Stock Returns and Supreme Court Decision-Making," Papers 1508.05751, arXiv.org, revised May 2017.
    3. Nathan T. Carrington & Colin French, 2021. "One Bad Apple Spoils the Bunch: Kavanaugh and Change in Institutional Support for the Supreme Court," Social Science Quarterly, Southwestern Social Science Association, vol. 102(4), pages 1484-1495, July.
    4. Gibson, James L., 2008. "Challenges to the Impartiality of State Supreme Courts: Legitimacy Theory and “New-Style” Judicial Campaigns," American Political Science Review, Cambridge University Press, vol. 102(1), pages 59-75, February.
    5. L. J. Zigerell, 2022. "Did Brett Kavanaugh's overt partisanship cause severe harm to the legitimacy of the U.S. Supreme Court?," Social Science Quarterly, Southwestern Social Science Association, vol. 103(4), pages 789-793, July.
    6. Stephen P. Nicholson & Thomas G. Hansford, 2014. "Partisans in Robes: Party Cues and Public Acceptance of Supreme Court Decisions," American Journal of Political Science, John Wiley & Sons, vol. 58(3), pages 620-636, July.
    7. Brandon L. Bartels & Christopher D. Johnston, 2013. "On the Ideological Foundations of Supreme Court Legitimacy in the American Public," American Journal of Political Science, John Wiley & Sons, vol. 57(1), pages 184-199, January.
    8. Christopher N. Krewson & Jean R. Schroedel, 2023. "Modern judicial confirmation hearings and institutional support for the Supreme Court," Social Science Quarterly, Southwestern Social Science Association, vol. 104(3), pages 364-369, May.
    9. Alex Badas, 2019. "The Applied Legitimacy Index: A New Approach to Measuring Judicial Legitimacy," Social Science Quarterly, Southwestern Social Science Association, vol. 100(5), pages 1848-1861, August.
    10. Jordan Carr Peterson & Thora Giallouri & Elli Menounou, 2021. "The Personal Finances of United States Supreme Court Justices and Decision-making in Economic Litigation," The Journal of Legal Studies, University of Chicago Press, vol. 50(2), pages 379-405.
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