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Predictors of firm-level political behavior in the global business environment: an investigation of specific activities employed by US firms

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  • Keillor, Bruce D.
  • Hult, G. Tomas M.

Abstract

The non-market environment exerts a tremendous influence on the ability of firms to operate effectively in international markets. This study investigates the relationship between market conditions and firm characteristics as predictors of specific firm-level political activities designed to manage the international non-market environment. The results show that the particular political activity utilized by any given firm is determined by both market conditions and firm characteristics.

Suggested Citation

  • Keillor, Bruce D. & Hult, G. Tomas M., 2004. "Predictors of firm-level political behavior in the global business environment: an investigation of specific activities employed by US firms," International Business Review, Elsevier, vol. 13(3), pages 309-329, June.
  • Handle: RePEc:eee:iburev:v:13:y:2004:i:3:p:309-329
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    References listed on IDEAS

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    1. Jean J Boddewyn, 1988. "Political Aspects of MNE Theory," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(3), pages 341-363, September.
    2. Richard E Caves, 1998. "Research on International Business: Problems and Prospects," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 29(1), pages 5-19, March.
    3. Richard D Robinson, 1981. "Background Concepts and Philosophy of International Business from World War II to the present," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 12(1), pages 13-21, March.
    4. Esty, Daniel C & Caves, Richard E, 1983. "Market Structure and Political Influence: New Data on Political Expenditures, Activity, and Success," Economic Inquiry, Western Economic Association International, vol. 21(1), pages 24-38, January.
    5. Hansen, Wendy L & Prusa, Thomas J, 1997. "The Economics and Politics of Trade Policy: An Empirical Analysis of ITC Decision Making," Review of International Economics, Wiley Blackwell, pages 230-245.
    6. Armstrong, J. Scott & Overton, Terry S., 1977. "Estimating Nonresponse Bias in Mail Surveys," MPRA Paper 81694, University Library of Munich, Germany.
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    Citations

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    Cited by:

    1. Rizopoulos, Yorgos A. & Sergakis, Dimitrios E., 2010. "MNEs and policy networks: Institutional embeddedness and strategic choice," Journal of World Business, Elsevier, vol. 45(3), pages 250-256, July.
    2. Shirodkar, Vikrant & Mohr, Alexander T., 2015. "Explaining foreign firms’ approaches to corporate political activity in emerging economies: The effects of resource criticality, product diversification, inter-subsidiary integration, and business tie," International Business Review, Elsevier, pages 567-579.
    3. Holtbrügge, Dirk & Berg, Nicola & Puck, Jonas F., 2007. "To bribe or to convince? Political stakeholders and political activities in German multinational corporations," International Business Review, Elsevier, vol. 16(1), pages 47-67, February.
    4. Lawton, Thomas & Rajwani, Tazeeb & Doh, Jonathan, 2013. "The antecedents of political capabilities: A study of ownership, cross-border activity and organization at legacy airlines in a deregulatory context," International Business Review, Elsevier, pages 228-242.
    5. Heidenreich, Stefan & Mohr, Alexander & Puck, Jonas, 2015. "Political strategies, entrepreneurial overconfidence and foreign direct investment in developing countries," Journal of World Business, Elsevier, vol. 50(4), pages 793-803.
    6. Özcan Gül Berna & Gündüz Umut, 2015. "Political connectedness and business performance: evidence from Turkish industry rankings," Business and Politics, De Gruyter, vol. 17(1), pages 41-73, April.
    7. Barron, Andrew & Pereda, Asier & Stacey, Stephen, 2017. "Exploring the performance of government affairs subsidiaries: A study of organisation design and the social capital of European government affairs managers at Toyota Motor Europe and Hyundai Motor Com," Journal of World Business, Elsevier, vol. 52(2), pages 184-196.
    8. repec:spr:manint:v:55:y:2015:i:6:d:10.1007_s11575-015-0248-5 is not listed on IDEAS

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