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Corporate political activity raises a hard and important question for corporate law: who decides when the corporation should speak and what it should say? In several cases, the Supreme Court has provided a clear answer: shareholders, acting through the procedures of corporate democracy. While...
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We study the determinants of the dynamics of firm lobbying behavior using a panel data set covering 1998-2006. Our data … exhibit three striking facts: (i) few firms lobby, (ii) lobbying status is strongly associated with firm size, and (iii …) lobbying status is highly persistent over time. Estimating a model of a firm's decision to engage in lobbying, we find …
Persistent link: https://www.econbiz.de/10013067182
political connections. We do not find any significant crowding-out effects of independent political expenditures on lobbying …
Persistent link: https://www.econbiz.de/10012904422
In this article, we develop a conceptual framework to understand how a company's CSR identity becomes defined as a political activity destabilizing the strong identity–image relations. We draw on theories of political CSR and organizational identity–image relations to study how CSR emerges...
Persistent link: https://www.econbiz.de/10012941454
How is economic policy made? In this paper we study a key determinant of the answer to the question: lobbying by firms … persistence in lobbying. The existence of these costs is further confirmed in studying how firms responded to a particular policy …
Persistent link: https://www.econbiz.de/10013058216
Corporate lobbying is an important and growing component of firms' corporate political activity. According to recent … lobbying (e.g., Alexander et al. 2009), little is known about how lobbying is actually performed. The purpose of this study is … to describe the lobbying processes that occur at the legislative and administrative branches of the federal government …
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