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The Corporate Context of Lobbying Activity

Author

Listed:
  • Brasher Holly

    (University of Alabama at Birmingham)

  • Lowery David

    (University of Leiden)

Abstract

Despite extensive research on political activity on the part of corporations, clear and consistent findings remain elusive. We identify three reasons for this failure. First, most of the empirical literature on corporate political activity simply studies the wrong phenomena by examining political action committees rather than lobbying more generally. Second, the literature studies an excessively narrow sample of organizations that might engage in lobbying, focusing almost always on extremely large corporations, which inevitably attenuates variance on many of the variables hypothesized to influence engagement in political activity. And third, prior work is rarely attentive to the diversity of corporate activities, narrowly conceptualizing vital aspects of the business context that might influence decisions to engage in political activity. Based on this critique, we develop and test new models of corporate political activity, finding that the diversity of the economic context within which firms work and firm size matter a great deal, if in ways somewhat different from those reported in prior work.

Suggested Citation

  • Brasher Holly & Lowery David, 2006. "The Corporate Context of Lobbying Activity," Business and Politics, De Gruyter, vol. 8(1), pages 1-25, April.
  • Handle: RePEc:bpj:buspol:v:8:y:2006:i:1:n:1
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    Cited by:

    1. Adelino, Manuel & Dinc, I. Serdar, 2014. "Corporate distress and lobbying: Evidence from the Stimulus Act," Journal of Financial Economics, Elsevier, vol. 114(2), pages 256-272.
    2. Mulligan, Emer & Oats, Lynne, 2016. "Tax professionals at work in Silicon Valley," Accounting, Organizations and Society, Elsevier, vol. 52(C), pages 63-76.
    3. Kim Jin-Hyuk, 2008. "Corporate Lobbying Revisited," Business and Politics, De Gruyter, vol. 10(2), pages 1-25, September.
    4. Philip Hersch & Jeffry Netter & Christopher Pope, 2008. "Do Campaign Contributions and Lobbying Expenditures by Firms Create “Political” Capital?," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 36(4), pages 395-405, December.
    5. Dellis, Konstantinos & Sondermann, David, 2017. "Lobbying in Europe: new firm-level evidence," Working Paper Series 2071, European Central Bank.
    6. Hui Chen & David Parsley & Ya-Wen Yang, 2015. "Corporate Lobbying and Firm Performance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 42(3-4), pages 444-481, April.
    7. repec:kap:jbuset:v:143:y:2017:i:4:d:10.1007_s10551-016-3077-y is not listed on IDEAS

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