Showing 1 - 10 of 23
Interest groups seek to influence economic activity through public and private politics. Public politics takes place in the arenas of public institutions, whereas private politics takes place outside public institutions often in the arena of public sentiment. Private politics refers to action by...
Persistent link: https://www.econbiz.de/10005237051
This paper provides an empirical test of a theory that relates corporate financial performance (CFP), corporate social performance (CSP), and social pressure from government and social activist for improved social performance. A three-equation structural model is estimated for a large number of...
Persistent link: https://www.econbiz.de/10005237058
This paper provides a theory of firm behavior motivated by moral duty, self-interest, and social pressure. A morally-managed and a self-interested firm compete in a market in which their corporate social performance (CSP) provides product differentiation. In addition to acting as consumers,...
Persistent link: https://www.econbiz.de/10005350173
This paper illustrates a practical framework for understanding and predicting political economy risk for project managers operating in a variety of developing country settings, including non-democracies, ethnically diverse environments and societies undergoing political transition. In doing so,...
Persistent link: https://www.econbiz.de/10009646251
Can combat experience foster organizational skills that engender political collective action? We use the arbitrary assignment of troops to frontline combat in World War II to identify the effect of combat experience on two channels that change local ethnic composition and future political...
Persistent link: https://www.econbiz.de/10009646252
The failure to align the incentives of self-interested groups in favor of beneficial reform is often considered a major cause of persistent underdevelopment around the world. However, much less is known about strategies that have been successful at overcoming such political economy challenges....
Persistent link: https://www.econbiz.de/10009646254
Policy-making is a dynamic process in which policies can be changed in each period but continue in the absence of new legislation. We study a dynamic legislative bargaining game with an endogenous status quo where in each period a dollar is allocated with a proposal voted against the allocation...
Persistent link: https://www.econbiz.de/10010609957
Pubic policies such as reguation, antitrust, and international trade are the result of public politics--a competition over who gets what with government the arbiter of that competition. Policies are also chosen by private parties without the command or sanction of government. Private policies...
Persistent link: https://www.econbiz.de/10005755310
This paper presents a positive theory of corporate social responsibility set in a managerial capitalism context in which managers instead of markets allocate resources, including social expenditures. The theory focuses jointly on the operational management of the firm and on its social...
Persistent link: https://www.econbiz.de/10005818929
We explore the relation between certain multiple-sender cheap-talk signaling games and the corresponding screening or mechanism design games. The existence of fully-revealing equilibria in the signaling game implies the existence of implementable mechanisms that mechanisms that yield a...
Persistent link: https://www.econbiz.de/10005818958