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This paper describes private actors' involvement in Colombia's policymaking process. While more transparent and formal channels are used to discuss horizontal policies, they are also less effective. The adoption of targeted policies, however, follows a faster track and depends more on political...
Persistent link: https://www.econbiz.de/10003871521
This paper describes private actors involvement in Colombia s policymaking process. While more transparent and formal channels are used to discuss horizontal policies, they are also less effective. The adoption of targeted policies, however, follows a faster track and depends more on political...
Persistent link: https://www.econbiz.de/10010247927
With interest groups significantly affecting economic performance (according to Mancur Olson) and a vital interest of governments in economic growth and low unemployment in order to win elections, there should be a link between political business cycles and the evolution of lobbies over time...
Persistent link: https://www.econbiz.de/10003873493
clarify how stake asymmetry, lobbying-skill asymmetry and return to lobbying effort determine the relative desirability, from …
Persistent link: https://www.econbiz.de/10013320341
Regierungsideologie in Zeiten von Globalisierung und Austeritätsprogrammen noch eine Rolle in der Wirtschaftspolitik spielt. Basierend auf …
Persistent link: https://www.econbiz.de/10011742243
I show that lobbying generates negative externalities, which affect non-lobbying companies. When a piece of new … legislation passes in Congress, non-lobbying companies in aggregate lose $1.9bn in market value. I obtain this result using a … novel dataset combining comprehensive information on corporate lobbying activity with congressional activity on bills. To …
Persistent link: https://www.econbiz.de/10012896997
We examine the consequences of local laws modeled on the American Anti-Corruption Act (“AACA”), which aims to constrain corporate political activities. Consistent with these laws significantly increasing the costs of forging local political connections, we find a reduction in the likelihood...
Persistent link: https://www.econbiz.de/10013224777
We show that public charities with corporate directors on their boards spend more on lobbying for connected firms …' industry interests. The effects of board connections are stronger when firms have greater lobbying expenditures themselves or …
Persistent link: https://www.econbiz.de/10013236881
I show that institutional investors can facilitate corporate lobbying. Firms with greater lobbying institutional … ownership lobby more. Using a novel dataset with lobbying information on specific congressional bills, I observe that …’ lobbying support. Bills lobbied by institutions are more likely to pass compared to bills only lobbied by firms. The passage of …
Persistent link: https://www.econbiz.de/10013240844
The perceived increase in corporate political influence has raised concerns that corporations advance policies that benefit capital and harm labor. We examine whether money in politics harms labor using the surprise Supreme Court ruling Citizens United v. FEC (2010), which rendered bans on...
Persistent link: https://www.econbiz.de/10013403790