The majority opinion asserted that "the inherent worth of the speech in terms of its capacity for informing the public does not depend upon the identity of its source, whether corporation, association, union, or individual." In deciding the case, the Court rejected the argument that the Fourteenth Amendment did not apply to corporations. The Court overruled "Pierce v. Society of Sisters", which stated that corporations "cannot claim for themselves the liberty which the Fourteenth Amendment guarantees," declaring the decision to be "untenable under decisions of this Court". Instead, the Court asserted that the Due Process Clause extends freedom of speech and other First Amendment liberties to corporate entities.