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Corporate political strategies and firm performance: indications of firm‐specific benefits from personal service in the U.S. government

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Cited by:

  1. Hung, Shih-Chang, 2005. "The plurality of institutional embeddedness as a source of organizational attention differences," Journal of Business Research, Elsevier, vol. 58(11), pages 1543-1551, November.
  2. Ebrahim Muhamed Endris & Zhou Xiaoyan, 2021. "Managerial Ties and MNCs’ Performance in Ethiopia: The Moderating Effect of Institutional support," International Journal of Science and Business, IJSAB International, vol. 5(7), pages 215-232.
  3. John A. Parnell, 2017. "Cronyism from the Perspective of the Firm: A Cross-National Assessment of Nonmarket Strategy," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 32(Fall 2017), pages 47-74.
  4. Ana Paula Pereira dos Passos & Jeferson Lana & Rosilene Marcon, 2023. "Social and political capabilities as nonmarket activities: What are they and how do firms develop them?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(6), pages 2718-2730, November.
  5. Alimadadi Siavash & Pahlberg Cecilia, 2014. "A network view of MNC embeddedness in a politically uncertain market: the case of Turkey," Business and Politics, De Gruyter, vol. 16(2), pages 1-34, August.
  6. Eastmure, Elizabeth & Cummins, Steven & Sparks, Leigh, 2020. "Non-market strategy as a framework for exploring commercial involvement in health policy: A primer," Social Science & Medicine, Elsevier, vol. 262(C).
  7. Rajwani, Tazeeb & Liedong, Tahiru Azaaviele, 2015. "Political activity and firm performance within nonmarket research: A review and international comparative assessment," Journal of World Business, Elsevier, vol. 50(2), pages 273-283.
  8. Gounopoulos, Dimitrios & Mazouz, Khelifa & Wood, Geoffrey, 2021. "The consequences of political donations for IPO premium and performance," Journal of Corporate Finance, Elsevier, vol. 67(C).
  9. Wu, Jie & Ang, Siah Hwee, 2020. "Network complementaries in the international expansion of emerging market firms," Journal of World Business, Elsevier, vol. 55(2).
  10. Wei Shi & Cheng Gao & Ruth V. Aguilera, 2021. "The liabilities of foreign institutional ownership: Managing political dependence through corporate political spending," Strategic Management Journal, Wiley Blackwell, vol. 42(1), pages 84-113, January.
  11. Robert P. Ormrod & Annika C. Müller, 2022. "The Impact of Corporate Political Activity on Corporate Reputation Amongst Industry Stakeholders," Corporate Reputation Review, Palgrave Macmillan, vol. 25(3), pages 226-238, August.
  12. Anthony P Cannizzaro, 0. "Social influence and MNE strategic response to political risk: A global network approach," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 0, pages 1-22.
  13. Bonardi, Jean-Philippe, 2008. "The internal limits to firms' nonmarket activities," MPRA Paper 14500, University Library of Munich, Germany.
  14. Yu Fengyan & Zhang Hongjuan & Justin Tan & Liang Qi, 2022. "Non‐Market Strategies and Credit Benefits: Unpacking Heterogeneous Political Connections in Response to Government Anti‐Corruption Initiatives," Journal of Management Studies, Wiley Blackwell, vol. 59(2), pages 349-389, March.
  15. Amin, Abu & Chourou, Lamia & Kamal, Syed & Malik, Mahfuja & Zhao, Yang, 2020. "It’s who you know that counts: Board connectedness and CSR performance," Journal of Corporate Finance, Elsevier, vol. 64(C).
  16. Manzhi Liu & Liyuan Liu & Shichun Xu & Mingwei Du & Xianxian Liu & Yanqin Zhang, 2019. "The Influences of Government Subsidies on Performance of New Energy Firms: A Firm Heterogeneity Perspective," Sustainability, MDPI, vol. 11(17), pages 1-20, August.
  17. Yongqiang Gao & Haibin Yang, 2021. "Does Ownership Matter? Firm Ownership and Corporate Illegality in China," Journal of Business Ethics, Springer, vol. 168(2), pages 431-445, January.
  18. Stenzel, Till & Frenzel, Alexander, 2008. "Regulating technological change--The strategic reactions of utility companies towards subsidy policies in the German, Spanish and UK electricity markets," Energy Policy, Elsevier, vol. 36(7), pages 2645-2657, July.
  19. Li, Can, 2020. "Enhancing or inhibiting: The impact of investment in political ties on the link between firm innovation and productivity," International Business Review, Elsevier, vol. 29(2).
  20. Anthony Goerzen & Stephen Sapp & Andrew Delios, 2010. "Investor Response to Environmental Risk in Foreign Direct Investment," Management International Review, Springer, vol. 50(6), pages 683-708, December.
  21. Jian Du & Chao Zhou, 2019. "Does guanxi matter in the foreign expansion of Chinese manufacturing firms? The mediator role of linking and leveraging," Asia Pacific Journal of Management, Springer, vol. 36(2), pages 473-497, June.
  22. 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.
  23. Joseph A. Clougherty, 2005. "Antitrust holdup source, cross‐national institutional variation, and corporate political strategy implications for domestic mergers in a global context," Strategic Management Journal, Wiley Blackwell, vol. 26(8), pages 769-790, August.
  24. Jaime F. Lavin & Alejandro A. Montecinos-Pearce, 2021. "ESG Reporting: Empirical Analysis of the Influence of Board Heterogeneity from an Emerging Market," Sustainability, MDPI, vol. 13(6), pages 1-25, March.
  25. Seungjoo Lee & Changhui Kang, 2015. "Labor Market Effects of School Ties: Evidence from Graduates of Leveled High Schools in South Korea," Korean Economic Review, Korean Economic Association, vol. 31, pages 199-237.
  26. Choi, Seong-jin & Jiménez, Alfredo & Lee, Jeoung Yul, 2020. "The impact of political capabilities and political markets on firms' decision to lobby," Journal of International Management, Elsevier, vol. 26(4).
  27. Liedong, Tahiru Azaaviele & Aghanya, Daniel & Jimenez, Alfredo & Rajwani, Tazeeb, 2023. "Corporate political activity and bribery in Africa: Do internet penetration and foreign ownership matter?," Journal of Business Research, Elsevier, vol. 154(C).
  28. Qingqing Tang & Longwei Wang & Hao Shen, 2021. "How do SOEs and FIEs affect POEs’ performance in emerging economies? Moderating effects of managerial ties," Asia Pacific Journal of Management, Springer, vol. 38(2), pages 767-788, June.
  29. Jiatao Li & Yi Tang, 2013. "The Social Influence of Executive Hubris," Management International Review, Springer, vol. 53(1), pages 83-107, February.
  30. Naoki Yasuda & Hitoshi Mitsuhashi, 2017. "Learning from Political Change and the Development of MNCs’ Political Capabilities: Evidence from the Global Mining Industry," Management International Review, Springer, vol. 57(5), pages 749-774, October.
  31. Aguilera, Ruth V. & Desender, Kurt A. & Kabbach de Castro, Luiz Ricardo, 2011. "A Configurational Approach to Comparative Corporate Governance," Working Papers 11-0103, University of Illinois at Urbana-Champaign, College of Business.
  32. Jonathan P. Doh & Thomas Lawton & Tazeeb Rajwani, 2012. "Advancing Nonmarket Strategy Research : Institutional Perspectives in a Changing World," Post-Print hal-02276718, HAL.
  33. Weiting Zheng & Na Ni & Donal Crilly, 2019. "Non‐profit organizations as a nexus between government and business: Evidence from Chinese charities," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 658-684, April.
  34. Greiner, Michael & Kim, Jaemin & Cordon Thor, Jennifer, 2023. "Narcissistic CEOs and their corporate political activity," Journal of Business Research, Elsevier, vol. 163(C).
  35. Tao Wang & Ting Zhang & Zhigang Shou, 2021. "The double-edged sword effect of political ties on performance in emerging markets: The mediation of innovation capability and legitimacy," Asia Pacific Journal of Management, Springer, vol. 38(3), pages 1003-1030, September.
  36. Banerjee, Shantanu & Venaik, Sunil & Brewer, Paul, 2019. "Analysing corporate political activity in MNC subsidiaries through the integration-responsiveness framework," International Business Review, Elsevier, vol. 28(5), pages 1-1.
  37. Malay Biswas, 2017. "Are They Efficient in the Middle? Using Propensity Score Estimation for Modeling Middlemen in Indian Corporate Corruption," Journal of Business Ethics, Springer, vol. 141(3), pages 563-586, March.
  38. Daeheon Choi & Chune Young Chung & Soon-Ihl Samuel Hong & Jason Young, 2020. "The Role of Political Collusion in Corporate Performance in the Korean Market," Sustainability, MDPI, vol. 12(5), pages 1-18, March.
  39. Jessica L. Darby & David J. Ketchen & Brent D. Williams & Travis Tokar, 2020. "The Implications of Firm‐Specific Policy Risk, Policy Uncertainty, and Industry Factors for Inventory: A Resource Dependence Perspective," Journal of Supply Chain Management, Institute for Supply Management, vol. 56(4), pages 3-24, October.
  40. Hearn, Bruce, 2015. "Institutional influences on board composition of international joint venture firms listing on emerging stock exchanges: Evidence from Africa," Journal of World Business, Elsevier, vol. 50(1), pages 205-219.
  41. Samuel Adomako & Nguyen P. Nguyen, 2020. "Politically connected firms and corporate social responsibility implementation expenditure in sub‐Saharan Africa: Evidence from Ghana," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(6), pages 2701-2711, November.
  42. Giovanna Michelon & Antonio Parbonetti, 2012. "The effect of corporate governance on sustainability disclosure," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(3), pages 477-509, August.
  43. Hasan, Mostafa Monzur & Jiang, Haiyan, 2023. "Political sentiment and corporate social responsibility," The British Accounting Review, Elsevier, vol. 55(1).
  44. Hailiang Zou & Ruijing Wang & Guoyou Qi, 2023. "The Response of CSR to Economic Policy Uncertainty: Evidence from China," Sustainability, MDPI, vol. 15(17), pages 1-19, August.
  45. Wang, Chengqi & Kafouros, Mario & Yi, Jingtao & Hong, Junjie & Ganotakis, Panagiotis, 2020. "The role of government affiliation in explaining firm innovativeness and profitability in emerging countries: Evidence from China," Journal of World Business, Elsevier, vol. 55(3).
  46. Guo, Hai & Xu, Erming & Jacobs, Mark, 2014. "Managerial political ties and firm performance during institutional transitions: An analysis of mediating mechanisms," Journal of Business Research, Elsevier, vol. 67(2), pages 116-127.
  47. Emmanuelle Nys & Amine Tarazi & Irwan Trinugroho, 2013. "Political Connections, Bank Deposits, and Formal Deposit Insurance: Evidence from an Emerging Economy," Working Papers hal-00916513, HAL.
  48. Shon R. Hiatt & W. Chad Carlos & Wesley D. Sine, 2018. "Manu Militari : The Institutional Contingencies of Stakeholder Relationships on Entrepreneurial Performance," Organization Science, INFORMS, vol. 29(4), pages 633-652, August.
  49. Shantanu Banerjee & Sunil Venaik, 2018. "The Effect of Corporate Political Activity on MNC Subsidiary Legitimacy: An Institutional Perspective," Management International Review, Springer, vol. 58(5), pages 813-844, October.
  50. Nys, Emmanuelle & Tarazi, Amine & Trinugroho, Irwan, 2015. "Political connections, bank deposits, and formal deposit insurance," Journal of Financial Stability, Elsevier, vol. 19(C), pages 83-104.
  51. Jackowicz, Krzysztof & Kozłowski, Łukasz & Podgórski, Błażej & Winkler-Drews, Tadeusz, 2020. "Do political connections shield from negative shocks? Evidence from rating changes in advanced emerging economies," Journal of Financial Stability, Elsevier, vol. 51(C).
  52. Marleen Dieleman & Henky Widjaja, 2019. "How powerful political ties appropriate resources and how weaker organizations protect themselves: A case study from Indonesia," Asia Pacific Journal of Management, Springer, vol. 36(1), pages 61-86, March.
  53. Shih-Chang Hung & Yung-Ching Tseng, 2017. "Extending the LLL framework through an institution-based view: Acer as a dragon multinational," Asia Pacific Journal of Management, Springer, vol. 34(4), pages 799-821, December.
  54. Abdelrehim, Neveen & Maltby, Josephine & Toms, Steven, 2012. "Accounting for power and control: The Anglo-Iranian oil nationalisation of 1951," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 23(7), pages 595-607.
  55. Chakrabarti, Amit & Krishnan, Kaveri, 2021. "Change in Illiquidity of Family Firms with Institutional Pressure: Evidence from India," American Business Review, Pompea College of Business, University of New Haven, vol. 24(2), pages 173-197, November.
  56. Luis Fernando Medina & Marcelo Bucheli & Minyoung Kim, 2019. "Good friends in high places: Politico-economic determinants of the expropriation and taxation of multinational firms," Journal of International Business Policy, Palgrave Macmillan, vol. 2(2), pages 119-141, June.
  57. Sumit Kumar Maji & Arindam Laha & Debasish Sur, 2020. "Dynamic Nexuses between Macroeconomic Variables and Sectoral Stock Indices: Reflection from Indian Manufacturing Industry," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 45(3), pages 239-269, August.
  58. Choi, Seong-jin & Liu, Huilong & Yin, Jun & Qi, Yunfei & Lee, Jeoung Yul, 2021. "The effect of political turnover on firms’ strategic change in the emerging economies: The moderating role of political connections and financial resources," Journal of Business Research, Elsevier, vol. 137(C), pages 255-266.
  59. Yongwook Paik & Sukhun Kang & Robert Seamans, 2019. "Entrepreneurship, innovation, and political competition: How the public sector helps the sharing economy create value," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 503-532, April.
  60. Jianjun Zhang & Christopher Marquis & Kunyuan Qiao, 2016. "Do Political Connections Buffer Firms from or Bind Firms to the Government? A Study of Corporate Charitable Donations of Chinese Firms," Organization Science, INFORMS, vol. 27(5), pages 1307-1324, October.
  61. Gautam Ahuja & Sai Yayavaram, 2011. "PERSPECTIVE ---Explaining Influence Rents: The Case for an Institutions-Based View of Strategy," Organization Science, INFORMS, vol. 22(6), pages 1631-1652, December.
  62. Wang, Xincheng & Li, Yuan & Tian, Longwei & Hou, Ye, 2023. "Government digital initiatives and firm digital innovation: Evidence from China," Technovation, Elsevier, vol. 119(C).
  63. Greiner, Michael & Lee, Jaegul, 2020. "A supply-side approach to corporate political activity: Performance consequences of ideologically driven CPA," Journal of Business Research, Elsevier, vol. 115(C), pages 25-37.
  64. Yang Liu & Weiqi Dai & Mingqing Liao & Jiang Wei, 2021. "Social Status and Corporate Social Responsibility: Evidence from Chinese Privately Owned Firms," Journal of Business Ethics, Springer, vol. 169(4), pages 651-672, April.
  65. Anthony P Cannizzaro, 2020. "Social influence and MNE strategic response to political risk: A global network approach," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(5), pages 829-850, July.
  66. Yang, Jie & Ma, Jieqiong & Zhang, Yong & Hong, JungHwa, 2018. "With whom should you have dinner? A multidimensional framework for understanding political ties in China," Business Horizons, Elsevier, vol. 61(6), pages 891-898.
  67. Mohammad Badrul Muttakin & Arifur Khan & Dessalegn Getie Mihret, 2018. "The Effect of Board Capital and CEO Power on Corporate Social Responsibility Disclosures," Journal of Business Ethics, Springer, vol. 150(1), pages 41-56, June.
  68. Jie Wu & Xiaoyun Chen, 2012. "Leaders’ social ties, knowledge acquisition capability and firm competitive advantage," Asia Pacific Journal of Management, Springer, vol. 29(2), pages 331-350, June.
  69. da Silva, Fernando Moreira & Ferreira, Manuel Portugal & Serra, Fernando Ribeiro & Pinto, Cláudia Frias, 2019. "Government attenuation of institutional inefficiencies in capital markets: influence on the financial performance of Brazilian electricity distribution companies," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
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  73. Jing Li & Jun Xia & Edward J. Zajac, 2018. "On the duality of political and economic stakeholder influence on firm innovation performance: Theory and evidence from Chinese firms," Strategic Management Journal, Wiley Blackwell, vol. 39(1), pages 193-216, January.
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  85. Shirodkar, Vikrant & Batsakis, Georgios & Konara, Palitha & Mohr, Alexander, 2022. "Disentangling the effects of domestic corporate political activity and political connections on firms’ internationalisation: Evidence from US retail MNEs," International Business Review, Elsevier, vol. 31(1).
  86. Tahiru Azaaviele Liedong, 2022. "The Liability of Tribe in Corporate Political Activity: Ethical Implications for Political Contestability," Journal of Business Ethics, Springer, vol. 181(3), pages 623-644, December.
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  108. Oetzel, Jennifer, 2005. "Smaller may be beautiful but is it more risky? Assessing and managing political and economic risk in Costa Rica," International Business Review, Elsevier, vol. 14(6), pages 765-790, December.
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  110. Dan Li & Li-Qun Wei & Qing Cao & Deqiu Chen, 2022. "Informal institutions, entrepreneurs’ political participation, and venture internationalization," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(6), pages 1062-1090, August.
  111. Yongqiang Gao & Ya Lisa Lin & Haibin Yang, 2017. "What’s the value in it? Corporate giving under uncertainty," Asia Pacific Journal of Management, Springer, vol. 34(1), pages 215-240, March.
  112. Poisson-de Haro, Serge & Bitektine, Alex, 2015. "Global sustainability pressures and strategic choice: The role of firms’ structures and non-market capabilities in selection and implementation of sustainability initiatives," Journal of World Business, Elsevier, vol. 50(2), pages 326-341.
  113. Seong-Jin Choi & Nan Jia & Jiangyong Lu, 2015. "The Structure of Political Institutions and Effectiveness of Corporate Political Lobbying," Organization Science, INFORMS, vol. 26(1), pages 158-179, February.
  114. Jing A. Zhang & Xiling Cui, 2017. "In Search Of The Effects Of Business And Political Ties On Innovation Ambidexterity," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-27, February.
  115. Park, SeHyun, 2023. "Profitability of politically corrupt firms: Evidence from Romania," Emerging Markets Review, Elsevier, vol. 54(C).
  116. Kai Wang & Hao-Min Zhang & Sang-Bing Tsai & Li-Dong Wu & Kun-Kun Xue & He-Jun Fan & Jie Zhou & Quan Chen, 2018. "Does a Board Chairman’s Political Connection Affect Green Investment?—From a Sustainable Perspective," Sustainability, MDPI, vol. 10(3), pages 1-14, February.
  117. Donghong Li & Yi‐Chuan Liao & Pengcheng Ma, 2022. "Contingent view on the relationship between proactive environmental strategy and corporate performance: Toward stakeholder engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1605-1616, September.
  118. Li, Jing & Oh, Chang Hoon, 2016. "Research on emerging-market multinational enterprises: Extending Alan Rugman’s critical contributions," International Business Review, Elsevier, vol. 25(3), pages 776-784.
  119. Brodmann, Jennifer & Unsal, Omer & Hassan, M. Kabir, 2019. "Political lobbying, insider trading, and CEO compensation," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 548-565.
  120. Shirodkar, Vikrant & Rajwani, Tazeeb & Stadler, Christian & Hautz, Julia & Mayer, Michael C.J., 2022. "Corporate Political Activity and Firm Performance: The Moderating Effects of International and Product Diversification," Journal of International Management, Elsevier, vol. 28(4).
  121. Liu, Haiyue & Wang, Yile & Shi, Xiaoshuang & Pang, Lina, 2022. "How do environmental policies affect capital market reactions? Evidence from China's construction waste treatment policy," Ecological Economics, Elsevier, vol. 198(C).
  122. Correia, Maria M., 2014. "Political connections and SEC enforcement," Journal of Accounting and Economics, Elsevier, vol. 57(2), pages 241-262.
  123. Brown, Richard S., 2016. "Lobbying, political connectedness and financial performance in the air transportation industry," Journal of Air Transport Management, Elsevier, vol. 54(C), pages 61-69.
  124. Tahiru Azaaviele Liedong & Daniel Aghanya & Tazeeb Rajwani, 2020. "Corporate Political Strategies in Weak Institutional Environments: A Break from Conventions," Journal of Business Ethics, Springer, vol. 161(4), pages 855-876, February.
  125. Shuman Zhang & Changhong Yuan & Chen Han, 2020. "Industry–university–research alliance portfolio size and firm performance: the contingent role of political connections," The Journal of Technology Transfer, Springer, vol. 45(5), pages 1505-1534, October.
  126. Xiaowei Rose Luo & Danqing Wang, 2021. "Are Politically Endorsed Firms More Socially Responsible? Selective Engagement in Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 170(3), pages 535-555, May.
  127. Laura A. Wellman, 2017. "Mitigating political uncertainty," Review of Accounting Studies, Springer, vol. 22(1), pages 217-250, March.
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